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Surrender of ST No.

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(Querist)
13 March 2009 what are consequences of service tax no. surrender?
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
13 March 2009 The registration certificate are to be surrendered immediately when the service provider ceases to provide taxable service.

No consequences. Failure to do so will attract penalty u/s 77 which is presently i believe upto Rs.1000

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