Benefits of centralized registration

[sreekumar k b]

We are a large tax payer unit (LTU). We had individual service tax regsitration for all our offices and factories.

Now, we are moving to centralized registration. I appreciate your expert opinion, as to whether we can avail all input service tax credit at Centralized Registration (including payment made under reverse charge mechanism) and distribute from there either under Rule 7A, or rule 12A of the Cenvat Credit Rule, 2004. Also  I seek ayour opinion, if we intend to avail credit, whether we need to have all input service invoice addressed to Corporate Office or it is enough if those are addressed to respective places where services are availed. Can we avail credit on the input service invoices at centralized registration pertaining to period before centralization.

This is to comply with  to comply with rule 4A of service tax rules, 1994 which says that every person providing taxable service shall contain details like the name and address of the person receiving taxable service.

Please give your detailed opinion. ([email protected])

AI Summary

Taxpayer Queries Centralized Registration for CENVAT Credit; Clarification on Input Service Invoice Addressing and Credit Periods A large taxpayer unit inquired about transitioning from individual service tax registrations for their offices and factories to centralized registration. They sought expert advice on whether they could avail input service tax credit centrally, including payments under the reverse charge mechanism, and distribute it under specific rules of the Cenvat Credit Rule, 2004. They also asked if input service invoices should be addressed to the corporate office or respective service locations and if credits could be availed for periods before centralization. The response indicated that centralized registration is not applicable to manufacturers, suggesting that their query about CENVAT Credit under centralized registration is not relevant.