18 November 2014
I have submited st-1 of my client (Nature of service is vehical on rent, constitute is properitorship) but due to some unsfficient documents Service tax officer sent me option for send back. but now my clent is saying service receiver is ready to pay service tax on his behalf no need to charge service tax in bill. Service receiver is Pvt company. Accountant of servicer receiver company saying we are liable to pay service tax on behalf of propriotership. Then now what is option to cancel service tax registration. please reply.
18 November 2014
In your case the service recepeant,being a Pvt Ltd Co can charge 100% of ST on the bills payable to you.Here,you may note the amount payable can be inclusive of ST.Cancellation of ST is done by filing an application in writing to the circle office by surrendering the original certificate ST-2,and take acknowledgement...mjk