Service tax returns at post offices

Service tax returns at post offices

RUN UP TO BUDGET 2006

Monica Gupta & Joji Thomas Philip / New Delhi February 23, 2006

From the next financial year, firms may be allowed to file service tax returns and register for paying this levy at post offices. The finance ministry and the department of posts are working out the details to implement this.

Government officials told Business Standard that the initiative could be announced either in the coming Budget or could be launched later during the year.

Officials said the new measures were likely to be introduced in metros and would be later extended to smaller towns and cities. After some years, the facility may be extended to all district headquarters.