Is it possible to surrender ST-2 without discontinuing business on the ground that services provided nt sufficient.?
Even at time of Regn. services also not upto the limit
2 Replies
Rakshit
(practising)
(338 Points)
Replied 28 March 2012
Notification No.6/2005-ST, prescribe the limit of turnover upto the taxable value of services of Rs. 9 lakhs for not requiring registration. Hence you can surrender the ST2 without leaving your business.
Raksh*t
CA Bhuvnesh Chaturvedi
(Practicing CA)
(44 Points)
Replied 28 March 2012
but as i knw
once assessee gt regd. bcm liable to pay service tax
and hence now how he can do so.
It ll valid ?
or acceptable by the Dept.?
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