https://www.taxtmi.com/forum/issue?id=1682 If the previous financial year's turnover does not exceed the statutory exemption limit, the person need not charge or remit service tax in the current year despite registration. However, any tax recovered despite the exemption must be deposited, registered persons must file prescribed nil returns periodically, and may opt to surrender their registration certificate if ongoing turnover remains below the exemption. en-us Wed, 06 Jan 2010 17:57:23 +0530 Thu, 23 Jan 2025 15:58:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=1682 If the previous financial year's turnover does not exceed the statutory exemption limit, the person need not charge or remit service tax in the current year despite registration. However, any tax recovered despite the exemption must be deposited, registered persons must file prescribed nil returns periodically, and may opt to surrender their registration certificate if ongoing turnover remains below the exemption. Discussion-Forum Service Tax Wed, 06 Jan 2010 17:57:23 +0530 https://www.taxtmi.com/forum/issue?id=1682