Twin Registrations for one client

[Guest]

Please opine: If a client has two service tax registrations done more than five years back, one with his individual PAN card reference and another with his Firm PAN card reference! both registered with the same service code and with different registration numbers. Is it practically feasible to cancel registration of one among two or would it create practical hassles with the concerned department.

AI Summary

Client with Dual Service Tax Registrations Seeks to Cancel One Without Penalties Under Finance Act, 1994. A client possesses two service tax registrations, one linked to their individual PAN and the other to their firm's PAN, both under the same service code but with different registration numbers. The query seeks advice on whether it is feasible to cancel one registration without facing issues from the tax department. One response warns of potential penalties under the Finance Act, 1994, while another suggests that canceling one registration is possible and can be done according to convenience.