Does STRP get anything from CBEC for the return prepared by him?
Service Tax Return Prepayer
Harsh Jindal
Service Tax Return Preparers Are Paid by Assessees, Not CBEC, as Per STRP Scheme, 2009. Recommended Fee: Rs. 1000. A query was raised regarding whether a Service Tax Return Preparer (STRP) receives any payment from the Central Board of Excise and Customs (CBEC) for preparing returns. The response clarified that CBEC does not pay STRPs for this service. According to the STRP Scheme, 2009, the assessee is responsible for paying the STRP a fee agreed upon between them, with a recommended fee of Rs. 1000 per return. (AI Summary)
TaxTMI
TaxTMI