An Individual Mr. X has a proprietorship M/s ABC. this firm is registered under service tax. now Mr. X is going to start another proprietorship M/s XYZ. question is that whether Mr. X has to add this new proprietorship with old service tax registration no. or apply for new registration no.? because the PAN no. is same for both the firms.
Menu
Registration under service tax
Replies (1)
1) You can opt for Centralized Registration with the Service Tax Department.
2) In Centralized Registration, the accounts of both the proprietary concerns will be maintained at one place and the Service Tax of both the concerns will be payable by the office of registration.
3) Till the Centralized registrion is obtain from the dept., you will have to file separate Service Tax Returns for both the Concerns.
Regards,
Devendra
Recent Threads
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
- Tax Audit If you show Loss
- GST Tax invoice Value Rs..234000
- Can I claim benefit under 54F if I sell my equity
- Income tax refund 25/26
- Who is responsible for paying GST Liability (If th
- Excess Payment on RCM
- AOC4 auto population of previous year data
Related Threads
CAclubindia
