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.
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.
CAclubindia
