S. tax amendment
This query is : Resolved
19 July 2012
As per circular no.161/12/2012-ST Dtd.-06/07/2012 New Accounting codes for the purpose of payment of service tax under the Negative List approach, with effect from 1st July, 2012 is applicable.
For this purpose it is necessary to AMEND ST registration ?
For this purpose it is necessary to AMEND ST registration ?
19 July 2012
No need to amend ST registration. Earlier code can be used to pay tax for existing registrants.
19 July 2012
Thanks. But our ST consultant has told us to amend the registration..
22 July 2025
Hey! Regarding your question about service tax registration amendment due to new accounting codes introduced from 1st July 2012 (Circular 161/12/2012-ST):
Short answer:
No, you do NOT need to amend your existing Service Tax registration just because new accounting codes came into effect.
Explanation:
The new accounting codes are primarily for classification and payment purposes under the Negative List regime.
Existing registered taxpayers can continue to use their existing registration number.
You just need to ensure that when paying service tax, the correct new accounting code (SAC) is used as per the type of service.
Amendment of registration is required only if you change your business constitution or location, etc., not for changes in accounting codes.
Why your consultant might have suggested amendment:
Sometimes consultants suggest amendment for clarity or to update service descriptions, but legally it’s not mandatory just because of accounting code changes.
Short answer:
No, you do NOT need to amend your existing Service Tax registration just because new accounting codes came into effect.
Explanation:
The new accounting codes are primarily for classification and payment purposes under the Negative List regime.
Existing registered taxpayers can continue to use their existing registration number.
You just need to ensure that when paying service tax, the correct new accounting code (SAC) is used as per the type of service.
Amendment of registration is required only if you change your business constitution or location, etc., not for changes in accounting codes.
Why your consultant might have suggested amendment:
Sometimes consultants suggest amendment for clarity or to update service descriptions, but legally it’s not mandatory just because of accounting code changes.
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