25 September 2013
As per the service tax Rules a person with following conditions may at its option apply for centralized registration for the premises or offices where the centralized billing or accounting system located.
· liable to pay service tax, · provide or receive services more than one premises or offices and · has centralized billing system or centralized accounting system,
2. Records & Billing System under Centralised Registration: All the records related to the service tax have to be maintained centrally in the premises or office which is centrally registered. The Centralized accounting and billing signify that invoices of two or more branches to be raised from one address and accounting also to be done at same address.
As per Service Tax Rule 4(2)(iii) of the Service Tax Rules 1944 (as amended), the Centralized Registration can be requested only in the cases where there is system of Centralized Billing or Centralized Accounting system. The assessee shall provide a write-up stating as to how they are satisfying the condition of Centralized Billing or Centralized Accounting.
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