SERVICE TAX

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This query is : Resolved

Manudeep Garg (Querist)

09 March 2009 Hi friends,
My query is (a long Query):

One of my client has a service tax registration from year 2005. he is an individual and has take registration in the name of propritorship firm let us assume "XYZ". But he dint file any return till date. Now, he started providing another service in the name of propritorship firm "ABC" and also on a different address. Now he wants to close the first business and want to get registration for second firm. If he would surrender his first certificate, he would have to pay penalty. So, is that possible that i fill the form as amendment in existing certificate and change all the things like firm name, address and type of service. Is that Possible??

Rajesh Kumar

Rajesh Kumar (Expert)

09 March 2009 A new registration certificate is required for ABC. In fact registration is registration of premises- thus even if a already registered business entity say XYZ goes for a new premises, a new registration is required.
What to do with XYZ registration? If there is a tax liability, pay with interest and surrender; if not, surrender the certificate. This part will require some thinking.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

09 March 2009 Change of trade name and change of address is possible only after filing all the pending returns in the existing name and clearing all the service tax/interest ,if any,due and on payment of late filing fee of belated returns.

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