Surrendering the service tax registration - penalty provisions - revised return

[puneet virmani]

(A)if a person has taken registration under the category of mandap keeping in 2004(august). but closed the business after 20 days and even not rendered any service . also failed to apply for cancellation till now - discuss can now apply for cancellation & about penal provisions. (B)provision of filling of revised return.

AI Summary

Surrender of service tax registration may be made at any time without penalty; revised returns can be filed or notified.
A non operative service tax registration may be surrendered at any time and there is no fixed statutory time limit; no specific penalty applies solely for holding an unused registration. Although the law contains no formal provision for a revised return, a registrant may file a corrected return or notify the department in writing to rectify discrepancies in the original return.