We have initially opted for registration against the Renting of the Immovable Property Service as the total rental income ina year exceeded Rs.10.00 Lacs.........
Recently we had got our RC to include for further two new services. the Total amount of Service put together in both of the new services would not exceexd the service tax registration thrushold limit. However we had to include the two new services as it comes under the preview of say " Values of Services under different category puttogether is more than the registration thrushold limit."
But now in consideration of the SC verdit treating the RIPS as uncontitutional and in the same view if the department removes the RIPS from the list of Services under the Service tax rules, my total value of services including the two new services will be well below the registration thrushold limit of Rs. 9.00 Lacs in a year
In That case, can i cancell the Registration completely including the two new services, whose value in a year wont cross the thrushold registration limit at any point.
Kindly adv
CAclubindia
