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Budget new registration processes

AKASH PHOPHALIA 
on 03 March 2015

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BUDGET – III (New registration process)

With effect from 01.03.2015 the new registration process shall come into force. The same has been ordered as:-

1. Fill online form ST-1.

2. PAN number is mandatory except for Government departments.

3. E-mail and mobile number made mandatory.

4. Existing registrants are required to submit their E-mail and mobile number by amending registration latest by 30.04.2015.

5. Registration certificate shall be granted within two days and the assessee can start paying service tax.

6. Signed copy of Registration certificate has been dispensed with and the online ST-2 copy is considered at par with the signed copy of ST-2.

7. Documents are required to be submitted for verification within 7 days of filing of form ST-1 online as:-

i. Copy of Pan card of the legal entity.

ii. Photograph of the applicant (This is new requirement).

iii. Proof of identity of the applicant.

iv. Documents to establish the possession of the premises to be registered.

v. Details of the main bank account. (This is new requirement)

vi. MOA/AOA/List of Directors as the case may be.

vii. Authorisation by Board, Partners or Proprietor in favour of the person applying for service tax registration.

viii. Business transaction numbers if any like IEC, CST/VAT, CST etc.

8. If the verification of the premises is required then the same may be verified. However, the order for verification of the premise shall be made by the officer not below the rank of Additional/Joint Commissioner.

9. The registration certificate can be revoked by the Deputy/Assistant Commissioner in the following situation after giving the opportunity of being heard to the assessee :-

i. The premises not found to be in existence.

ii. Documents not received by the department within 15 days.

iii. The documents are found to be incomplete in any respect.

Thus, the process of registration has been refined and certain formalities have been increased with effect from 01.03.2015.

BUDGET – IV (New registration process-Excise)

With effect from 01.03.2015 the new registration process shall come into force. The same has been notified as:-

1. Fill form for Registration, de-registration or amendment online.

2. PAN number is mandatory except for Government departments.

3. E-mail and mobile number are made mandatory.

4. Business Transaction Numbers are to be quoted that may be - Customs Registration No., IEC, VAT, CST, CIN, and Service Tax Registration Number.

5. Registration certificate shall be granted, pending post-facto verification, within two days and the assessee can start paying excise duty.

6. Signed copy of Registration certificate has been dispensed with and the online Registration Certificate is considered at par with the signed certificate.

7. Documents are required to be submitted at the time of verification of the premises:-

i. Plan of factory Premises

ii. Copy of Pan card of the legal entity.

iii. Photograph of the applicant (This is new requirement).

iv. Proof of identity of the applicant.

v. Documents to establish the possession of the premises to be registered.

vi. Details of the bank accounts.

vii. MOA/AOA/List of Directors as the case may be.

viii. Authorization by Board, Partners or Proprietor in favour of the person applying for service tax registration.

8. The physical verification shall be done by the authorized officer within 7 days of filing of online application and if any clarification is required the same is required to be submitted by the applicant within 15 days of receipt of intimation for such clarification.

9. If the address is not found then the registration stands cancelled.

This is just for your reference. It does not constitute our professional advise or recommendation.

CA Akash Phophalia

ca.akashphophalia@gmail.com

Office No 3

Second Floor

Amrit Kalash

Residency Road

Near Bombay Motor Circle

Jodhpur – 342001

Rajasthan


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