Ajay Raghatate (Sr Executive (Excise & Accounts)) (736 Points)
17 December 2012We are manufacturer, we have not registered in service tax, now from 01 July 2012 we are liable to pay service tax on service received on Security agency on 75% value of service.
While we filling the ST-1, there is only one categoty of service i.e. "Other than in the negative list"
Plz advice us.
Thanks
Ajay
CA CS Chirag
(Practicing CA)
(834 Points)
Replied 17 December 2012
you have to select other than in negative list and generate provisional registration
Nirav Worah
(CHARTERED ACCOUNTANT)
(396 Points)
Replied 17 December 2012
"Registrations obtained under the positive list approach continue to be valid. New taxpayers can obtain registrations by selecting the relevant descripttion/s from among the list of 120 descripttions of services given in the Annexure. Where registrations have been obtained under the descripttion 'All Taxable Services', the taxpayer should file amendment application online in ACES and opt for relevant descripttion/s from the list of 120 descripttions of services given in the Annexure. If any applications for amendment of ST-1 are pending with field formations, seeking the descripttion 'all taxable services', such amendment may not be necessary and the officers in the field formations may provide necessary guidance to the taxpayers in this regard. Directorate General of Systems will be making necessary arrangements for display of the list of 120 descripttions of services and their corresponding Accounting Codes in Form ST-1 and Form ST-2 as may be necessary."
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