02 January 2016
Dear experts, My client has not paid ST since he has obtained ST NO. From 2012, and since then only nil ST return was filled however he is providing service in brand Name and now he want to surrender this no. By Shut downing of the firm plz clarify ST No can be surrender unless any consequence or not if not plz describe the possible consequence..
02 January 2016
ST number cant be surrendered as per legal framework. he/she is not eligible for even RS 10 lakh rupee exemption. but there are other ways to do it subject to criminal proceddings
02 January 2016
Sir plz let me know the what is the way to surrender the ST No. As per above situation and what may be criminal procedding...... plzz response
CAclubindia
