Catagory of service to be mentioned on invoice/bills by service providers.

[vinay wakde]

We are receiving Input services from various service providers who were registered earlier under service catagory  works contract, Manpower supply, MM&R  etc.  Kindly give your valued guidance the following  :-

(1) Whether all service providers who were  earlier regsitered under  different catagory of services are also require to amend their service tax registration and add new catagory of service "Other than in the negative list" w.e.f. 01.07.2012?  

(2) Whether the service provider has to mentioned only one catagory of service i.e. "Other than in the negative list" w.e.f.  01.07.2012, while raising the Bill /Invoices and to mention amount of  service tax as per nature/scope of services provided by them?

Regards, 

VINAY

[Sanjay Sharma]

Dear Vinay wakde,

Pls. find below my opinion regarding your query -- No. 1 & 2

No, you are not required to amend your existing registration. Now the negative list has been effective and accordingly classification of services is not there. The form for service tax registration i.e. has also been amended and in service classification column of ST-1, the only one entry is shown for all the services as follows: “Service other than in the Negative List” So the above description of service will common for all assessees and there is no requirement of amend the service tax registration.

Regards,

Sanjay Sharma

 

 

 

[YAGAY and SUN]

Well explained by Mr. Sanjay Sharma.

AI Summary

Service other than in the Negative List now serves as the uniform classification, with tax shown per service nature.
No amendment to existing service tax registrations is required because the ST 1 registration form now carries a single, uniform service classification: Service other than in the Negative List. Providers should use this description on invoices while determining and disclosing service tax liability according to the nature and scope of the services supplied.