DISCONTINUATION OF SERVICE TAX

This query is : Resolved 

19 March 2009 I AM REGISTERED WITH SERVICE TAX FOR LAST 4 - 5 YEARS AND AM CONTINUSOULY DEDUCTING SERVICE TAX AND PAYING WITH GOVT DEPTS AND FILING RETURS ON TIME. BUT EVERY YEAR MY GROSS PROFESSIONAL RECEIPTS ARE BELOW THE EXEMPTION LIMIT. NOW I WANT TO DISCONTINUE DEDUCTING SERVICE TAX FROM 01.04.2009.

PLS ADVICE.

19 March 2009 Yes, you can do that.
Dont charge service tax starting from 01.04.2009 and surrender your registration certificate.

20 March 2009 IS SURRENDER OF RC MANDATORY OR WE CAN KEEP THE RC BUT DO NOT CHARGE SERVICE TAX.


20 March 2009 Yes, you can also do so, but in future it can have some consequences, and you also if not surrendered you have to file NIL return half yearly.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries