Rgistration Required or Not ??

Once registered, you have to collect and pay ST. You can cancel registration only if your turnover is below Rs. 5 lac for 3 consecutive years or if your business is dissolved.

agree with Deepesh.....

once u r registered under service tax irrespective of ur income service tax needs to paid to the dept

Dear Lakshmi

even if there is no ST liability, it is mandatorily required to file the NIL return.

so, once registered  untill it is cancelled return should be filed

Thank  you all for ur kind  response for clearing my doubt.

If the value of taxable services in a financial year exceeds Rs.10 Lakhs , the assessee shall obtain ST regn. and pay ST. Further, the assessee has to pay ST in the succeeding financial year for the entire value of taxable service in the succeeding  financial year whether it is below 10 lakhs or not. (proviso  VIII of Notfn No.06/2005 ST dt 1.3.2005).

The assessee is not bound to pay ST, only because of ST regn. They are only bound to file nil return. They can avail SSI exemption subject to the conditions of the notfn.