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Service Tax No. Cancellation

Riyaz Khan (CA CS (Exec) MBA (Fin) Asst. General Manager-SEBI Internal Auditor-British Certifications Inc.) (1315 Points)

26 April 2009

If any person whose Gross Receipts doesn't exceed even Rs. 200000 in a Year wants to surrender his Service Tax No., what he will have to do. He has already served with a Notice From Service Tax Supredendent for Not filling of his service Tax Return for the last half year... Explain in detail

Thanks in Advance

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3 Replies

Vikas Saraf (Tax Consultants) (22 Points)
Replied 26 April 2009

Dear Rajan, As you have not mentioned in which year the assessee has taken the service tax registration certificate for the services he provide.

For your clarification, when a person/firm/company or any other assessee who opts for services tax registration for the services they serve can obtain the service tax registration certificate on the following 2 basis.

1) When the assessee whose gross receipts cross 10 lakhs in the preceding year can opt for the registration and has to pay the tax as prescribed.

2) The assessee has another option i.e., taking the certificate on optional basis. in this way the assessee has the pay the service tax & file the returns to the concerned authorities even though he doesn't crosses the gross receipts as prescribed by the service tax authorities.

For taking the service tax registation on the option 2 basis, then the assessee has to give a declaration to the superindent for paying the service tax and filing the return even though he doesn't crosses the gross receipts.

Please verify whether, your client has given this declaration to the authorities or not at the time of registation and also your client is ready to pay the tax or not.

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nrjpaal@gmail.com (proprietor) (21 Points)
Replied 27 March 2011

Dear sir

which form will be used for service tax no. cancellation

thanx

neeraj

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 27 March 2011

Originally posted by : R.D Khan
	If any person whose Gross Receipts doesn't exceed even Rs. 200000 in a Year wants to surrender his Service Tax No., what he will have to do. He has already served with a Notice From Service Tax Supredendent for Not filling of his service Tax Return for the last half year... Explain in detail Thanks in Advance

you have to check that you have neither charged service tax on your bills nor availed input credit of service tax. or your taxable service has not exceeded the lmit in preceeding year.

to surrender your service tax number you have tile your returns update and submit a letter to your R/O of service tax with registration certificate with request to cancell that same, stating that your turnover is below the limit and you are not interested to maintain the registration.

R/O will check the correctness and if necessary he will seek some more documents and clarification towards revenue safeguard, and will cancell the registration .