Any company or an entity that offers services in exchange of a considerable payment has to get registered with the service tax department. It should also take proper care of depositing the collected service tax to the government before due date. An individual has the liberty to pay the service tax on cash basis; however, a company can pay it on accrual basis. And this is where companies, in general, falter and create legal complications.
Non-payment of service tax Delhi on time is an offence and attracts legal actions. Therefore, on the first hand it is important not to falter with any rule of the land. However, a company is busy with its processes and may miss out on the due dates that in turn attract the legal complexities. Such legal complexities or notices from Service tax Delhi department can actually dent the spirit of a company.
In such situations the erring company or the entity does not know about tackling the situation. They might find a respite with a local consultant, but such syndication might actually prove detrimental for the company. Legal consultants might not be well versed with Service tax laws and might further complicate the case. Therefore, it is best to choose a reputed service tax consultant in Delhi to take the case and solve it favor of the company or the entity.
Service tax consultants in Delhi that have earned reputation through years of successful practice and consultancy have the brightest brains that know the ins and out of service tax Delhi laws and thus are apt to understand the case and resolve it. Moreover, there are many legal firms that offer complete suite of legal service for the companies and also for the individuals. Be it a case related to taxation or other civil matter, the Law firm in Delhi has the required resource to win it for their client.
All the more, such firms double up their role as accounting firms in Delhi and ease the complete accounting process for their clients. It also ensure that from now on the firm will keep the accounting process in tune to the latest guidelines and will keep a track of payments due in lieu of service tax or any other tax that if missed could attract penalty. However, choosing such a law firm in Delhi is a tricky situation but the best option is to move ahead with a firm that actually dispenses all of the aforementioned roles and has vast amount of genuine experience in the field. It is best for any company or an entity to make a thorough profile check of the firm and the senior lawyers and expert service tax consultants working there before making the final decision and handing over the case to them.