Nagindas Khandwala College Commerce And Management Studies Of

NAGINDAS KHANDWALA COLLEGE COMMERCE AND MANAGEMENT STUDIES

OF

NAAC ACCREDITED

NAME BHATTACHARYA

ANJANA

ROLL NO - 304 TOPIC -‘COURIER SERVICES’. PROF. – ADOLF D’SOUZA SUB. - TAXATION

ACADEMIC YR, - 2008-09

►Case Study → M/S Professional Courier Services Pvt. Ltd. having its address at Link Rd., Malad (W), is rendering ‘The Courier Services’ and for the year ended 31st March, 2008. The amount of services exceed Rs.8 lakhs. The particular service rendered by M/S Professional Courier is Packaging and therefore registration to be obtained from 1st April, 2008. M/S Professional Courier continues to render the service during the period 1st April, 2008 to 31st September, 2008 and for this period Service Tax is paid every month. At the end of the six months period, the return of Service Tax in Form No. 3 is required

to be furnished before 25th October, 2008. The following forms are enclosed in respect of the services rendered by M/S Professional Courier Services. 1.

Form ST 1 - For registration under Service Tax for the month of March 2008.

2.

Form ST 2 -The return for the period of 1st April, 2008 to 30th September, 2008.

►WORKING NOTE Mont hs

Servic es Rende red

April

50 1000 100 1000

May

Amou Serv Total nt of ice Amou Servic Tax nt es

x 50000

6180

56180

x 100000

12360 112360

June

40 1000 July 50 100 August 60 2000 Septem 40 ber 100 Total -

x 40000

4944

44944

x 5000

618

5618

x 120000

14832 134832

x 4000

495

319000

-

4495 358430