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    <title>Centralised service tax &amp; excise registration</title>
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    <description>Centralised service tax registration is available where a common centralised accounting and billing system exists and is optional for assessees. The central office may act as an Input Service Distributor to allocate common input service credits to individual units using the prescribed allocation formula, and the returns and filing systems accommodate centralised reporting. For excise, while consolidated registration may be possible under specified criteria, separate registrations are often preferred for clearer accounting, costing and compliance, and unit returns must reflect ISD-distributed credits.</description>
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      <title>Centralised service tax &amp; excise registration</title>
      <link>https://www.taxtmi.com/forum/issue?id=110326</link>
      <description>Centralised service tax registration is available where a common centralised accounting and billing system exists and is optional for assessees. The central office may act as an Input Service Distributor to allocate common input service credits to individual units using the prescribed allocation formula, and the returns and filing systems accommodate centralised reporting. For excise, while consolidated registration may be possible under specified criteria, separate registrations are often preferred for clearer accounting, costing and compliance, and unit returns must reflect ISD-distributed credits.</description>
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      <law>Central Excise</law>
      <pubDate>Mon, 09 May 2016 17:11:07 +0530</pubDate>
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