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.

[YAGAY andSUN]

Dear Vaidehi,

Department may issue SCN and  levy hefty penalty under the Finance Act,1994 read with Rules made thereunder.

Regards

Team YAGAY & SUN

(Management and Indirect Tax Consultants)

[Arun Kumar Singh]

You can cancel the any one service tax registration and one can be continue as per your convenient.

AI Summary

Duplicate service tax registrations risk departmental notice; cancellation may be possible but creates penalty exposure. Whether duplicate service tax registrations-one on an individual PAN and one on a firm PAN for the same service code-may be cancelled: voluntary cancellation is possible to continue with a single registration, but the department may issue a show cause notice and levy penalties, so cancellation must be weighed against potential departmental scrutiny and penalty risk.