service tax licence

[sanjay jain]

In our partnership firm of three members, two partner goes out and one new partner comes in should we have to make change in service tax licence (registration).

AI Summary

Partnership Firm Must Update Service Tax License Within 30 Days of Partner Changes Per Rule 6 (5A) of 1994 Rules. A partnership firm inquired about the necessity of updating their service tax license after two partners left and one new partner joined. According to Rule 6 (5A) of the Service Tax Rules, 1994, any changes in the information provided at the time of registration must be reported to the jurisdictional Assistant or Deputy Commissioner of Central Excise within thirty days. Additionally, amendments to the registration certificate must be accompanied by necessary statutory documents, including PAN Card, identification, and residential proof, as advised by the respondents in the forum.