Service Tax Audit

[Asked by Guest]

Respected all forum members,

I have one question regarding applicability of audit of service tax in case of private limited company converted from partnership firm?

we have received new registration number for private limited company in march 2015 and filed our return accordingly..

whether service tax audit is applicable to private limited company only or its applicable to partnership firm also??

AI Summary

Service tax audit: authorities may audit successor entities and require production of predecessor records after conversion.
Every assessee is liable to scrutiny, verification and audit under Rule 5A of the Service Tax Rules; departmental verification continues under the controlling provision even where sub clauses have been challenged. Audit can be conducted notwithstanding conversion, reconstitution or surrender of prior registration, and authorities may require production of predecessor records-often backed by an undertaking taken on surrender-and address the successor entity to verify the earlier unit.