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Valid ground for surrender st2

Service Tax (Legacy) 707 views 2 replies

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

Replies (2)

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

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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