Hi All,
We have a client in travel service field. he wants to open a new venture in same field . The Service Tax Registration for the first venture can use for both business???
Sreejesh V K (ICMA Final Student) (147 Points)
09 October 2010Hi All,
We have a client in travel service field. he wants to open a new venture in same field . The Service Tax Registration for the first venture can use for both business???
Chinmay
(Accounts Professional)
(356 Points)
Replied 09 October 2010
I think yes. Only if the second venture comes under the reg. clause.........
Madhukar N Hiregange
(Chartered Accountant)
(39034 Points)
Replied 10 October 2010
As long as the status remians the same the same registration can be used. Ideally application for centralised registration maybe filed and once obtianed, new locations/ business in the same entity can be intimated to the revenue.
EKALABYA TALUKDAR
(SERVICE TAX CONSULTANT)
(666 Points)
Replied 15 October 2010
.
IF THE SECOND VENTURES' PROMOTER HOLDS THE SAME PAN CARD
NO FRESH REGISTRARION IS REQUIRED
ONLY MODIFICATION OF REGISTRATION REQUIRED FOR SEPARATE SERVICE, IF ANY.
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