Quiz Contest - 7 (Service Tax Rules)

1. IF SERVICE PROVIDED OR PART OF IT , BELONGS TO THE PERIOD WHEN SUCH SERVICE WAS NOT TAXABLE , THEN

NO SERVICE TAX PAID FOR SUCH SERVICE OR PART OF SERVICE

SERVICE TAX IS PAID IN THE ORDINARY MANNER

NONE OF THESE

2. IF PAYMENT IS MADE AFTER THE DUE DATE , INTEREST HAS TO BE PAID U/S 75 ON AMOUNT OF TAX LIABLE TO BE PAID FOR THE PERIOD -

FOR WHICH SUCH AMOUNT OF TAX OR PART THEREOF IS DELAYED

15 DAYS AFTER THE DUE DATE TO THE DAY TAX PAID

NONE OF THESE

3. WHAT WOULD BE TREATMENT FOR AMOUNT IN PAISE.? (ROUNDING OFF)

FOR AMOUNT MORE OR LESS THAN 50 PAISE IS SOUND OFF TO RUPEE.

FOR AMOUNT MORE THAN 50 PAISE IS ROUND OFF TO RUPEE. AND FOR LESS THAN 50 PAISE IS IGNORES

NONE OF THESE

4. IN CASE OF E-PAYMENT WHICH FORM IS USED ?

TR- 6 FORM

GAR - 7 CHALLAN

GAR - 5 CHALLAN

TR - 6 FORM

5. WHICH DATE IS TREATED AS THE DATE OF PAYMENT SUBJECT TO REALIZATION OF THE CHEQUE.

DATE OF RECEIPT OF CHEQUE

DATE OF DEPOSIT OF CHEQUE

DUE DATE WILL BE CONSIDERED

NONE OF THESE

6. ASSESSEE SHALL DEPOSIT THE SERVICE TAX WITH THE BANK DESIGNATED BY THE CENTRAL BOARD OF EXCISE AND CUSTOMS IN FORM ............., OR IN ANY OTHER MANNER PRESCRIBED BY THE CBEC

TR-4

TR-6

TR-5

SERVICE TAX FORM

7. WHAT IS THE RANGE FOR INTEREST ON DELAYED SERVICE TAX , GOVERNMENT TAKE CARE FOR FIXING INTEREST?( PRESENT RATE OF INT. 13% )

10 - 30%

10 - 25%

10 - 20%

10 - 36%