20 October 2011
I have obtained Service Tax Regn. in the year 2009. Since now I never crossed my taxable turnover for Service Tax above 5 lacs, thus I never charged service tax to my clients but I filed all the ST-3 in time.
Now I wish to cancel / surrender my ST Regn. One of my colleagues advised me "Not to file returns of Service Tax" by that within a year the service tax number gets automatically "Cancelled". Is this correct ?