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Surrender of registration certificate

Sameera (Article assistant) (262 Points)

07 January 2015

Hey all

Any service provider has to surrender his registration immediately to the superintendent of central excise when he ceases to provide taxable service.

Please tell me what are the implications if not surrendered ???

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6 Replies

Ankush (Student) (1309 Points)
Replied 07 January 2015

I don't think there is going to be any penalty. You will have to file service tax return periodically but.

Sameera (Article assistant) (262 Points)
Replied 07 January 2015

I think general penalty will be levied under section 77. But my client has sold that division but not surrendered the excise and registration certificates.

So, how can it file periodical returns ??

Please clarify

AKASH PHOPHALIA (PROPRIETOR) (1295 Points)
Replied 07 January 2015

You should file the nil returns and then surrender it to the department

Gagan Deep Singh (CHARTERED ACCOUNTANT) (1190 Points)
Replied 07 January 2015

Till service tax reg number is subsisting you have to file service tax return. Nil return is to be filed if no activity is carried out.

Arif Ali (Apt Co Advisory) (1230 Points)
Replied 08 January 2015

you have to file NIL return till surrender of registration certificate. I think no any penaly will be there.

HITESH KUKREJA ( ) (57 Points)
Replied 08 January 2015

As per rule client should surrender the certificate otherwise Nil return has to b submit failure which lead to penalty of amount 5000( i guess) for each half yearly..