How to Pay Service Tax Easily

Those days are gone when matters relating to payment of duties to the government were paper centered and time consuming. Manual filing and of taxes and then getting around and handing over some hard earned cash to the government can be tiring and demoralizing at the same time. For a long time in India, the process has been thoroughly manual in nature involving Form TR-6 Challans in specified branches of designated banks. Most small time providers of the land who usually operate in the areas that are yet to understand the benefits of modern facilities, make regular use of this manual procedure to file in their dues.

However, for those who wish to learn about how to pay service tax more easily, should get in tune with the present day improvements that have been introduced in the field. This can be named as the one and only, online option, which tends to make the entire procedure a matter of a few minutes only. In this option, all that the payer is required to do is log in to the concerned site and transfer the due amount to the accounts of the concerned authorities. The rest will fall in place all by itself. 

How Easy is Service Tax Compliance

Not paying your duties may be very easy in India; what matters though is coughing up the punishment sum when all efforts aimed at hiding the skeletons in the closet fail. You will only be a fool to believe that the Central Government which is already struggling with the rupee will consider your case with compassion and let you keep all the cash. Even a few years ago, defaulters of any kind of tax payment were met with severe punishments including heavy fines leading to imprisonment. Such drastic measures as expected had played its share of influence into bullying the evaders to tighten their means and methods of hiding.  

However, with the introduction of VCES, Service tax compliance has become very easy even for the deliberate evaders. The main reason because of which the non compliant parties come out in the open is that, this scheme does not include any severe punishment for the former. The parties are respectfully allowed to pay up within a set period of time through various modes of payment. Depending upon the amount due, the parties can pay their dues in easy installments. Ignoring the call of the authorities to open up to the scheme can become a punishable offence.