DISCONTINUATION OF SERVICE TAX
This query is : Resolved
19 March 2009
I AM REGISTERED WITH SERVICE TAX FOR LAST 4 - 5 YEARS AND AM CONTINUSOULY DEDUCTING SERVICE TAX AND PAYING WITH GOVT DEPTS AND FILING RETURS ON TIME. BUT EVERY YEAR MY GROSS PROFESSIONAL RECEIPTS ARE BELOW THE EXEMPTION LIMIT. NOW I WANT TO DISCONTINUE DEDUCTING SERVICE TAX FROM 01.04.2009.
PLS ADVICE.
PLS ADVICE.
19 March 2009
Yes, you can do that.
Dont charge service tax starting from 01.04.2009 and surrender your registration certificate.
Dont charge service tax starting from 01.04.2009 and surrender your registration certificate.
20 March 2009
IS SURRENDER OF RC MANDATORY OR WE CAN KEEP THE RC BUT DO NOT CHARGE SERVICE TAX.
20 March 2009
Yes, you can also do so, but in future it can have some consequences, and you also if not surrendered you have to file NIL return half yearly.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
