SERVICE TAX REGISTRATION

[RAM SHARMA]

DEAR EXPERTS,

IS IT COMPULSORY FOR A COMPANY TO TAKE REGISTRATION CERTIFICATION AS PER CIRCULAR NO. 161/12/2012 ST 06/07/2012.( ALL TAXABLE SERVICES OTHER THEN NEGATIVE SERVICES. PL CLERIFY EXACT MEANING OF THIS NOTIFICATION.

THANKS

[YAGAY andSUN]

If you are an existing registered assessee then there is no need to get it again.

[Santosh Kumar]

Dear sir,

This Circular No.161/12/2012 -ST  is for Accounting Code for payment of service tax under the Negative List approach to taxation of services, it is not related to registration.

I agree with Mr. Pradeep that If you are an existing registered assessee then there is no need to get it again.

[RAM SHARMA]

I HAVE DISCUSSED WITH SERVICE TAX AUTHORITY IN THIS REGARD. THEY SAID YOU HAVE TO GO AMENDMENT YOUR REGISTRATION THROUGH ACES SITE AND CLICK IN ALL TAXABLE SERVICE OTHER THEN NEGATIVE LIST.

AI Summary

Service tax registration: amend existing registration to select all taxable services excluding the negative list and align accounting codes. Circular No.161/12/2012 addresses the accounting code framework for payment and classification of services under the negative list approach and does not mandate fresh registration for already registered assessees; instead, registered taxpayers should amend their ACES registration to select the applicable taxable services (i.e., all taxable services other than those on the negative list) so as to align registration entries with the accounting-code requirements for service-tax payment and reporting.