01 December 2012
Pan is mandatory for service tax registration. To get registration an application in Form ST-1(in duplicate) has to be filed before the jurisdictional Central Excise officer/Service Tax officer. Department is required to issue the registration certificate within 7 days of the receipt of the application. In case of failure to issue registration certificate within 7 days, the registration applied for is deemed to have been granted and the company can carry out its activities.
Having a PAN is essential for successful registration and for payment of service tax using the G.A.R 7 form. The main objective of allocating Service Tax Code (STC) Number based on PAN allotted by Income tax department is to identify the concerned person where he is located and registered.
CAclubindia
