Small Service Provider Exemption — Increase in exemption limit and surrender of Registration Certificate - Service Tax - 9/2007

Small Service Provider Exemption Increase in exemption limit and surrender of Registration Certificate Trade Notice No.9/2007-S.T., dated 7/3/2007 - Commissioner of Service Tax, Chennai W.e.f. 1-4-2007, taxable services of aggregate value not exceeding Rs. 8 lakhs in a financial year is exempted if the aggregate value of taxable service rendered does not exceed Rs. 8 lakhs in the previous financial year and subject to other conditions specified in Notification No. 6/2005 dated 1-3-2005 . The value limit for exemption from taking registration has also been increased from Rs. 3 lakhs to Rs, 7 lakhs w.e.f. 1-4-2007. Accordingly, it is informed that all service providers who are not required to pay service tax in terms of the above mentioned notification and who opt for exemption from 1-4-2007 can surrender their Service Tax Registration Certificate to the Superintendent in charge of Facilitation Counter functioning in the Ground Floor of MHU Complex at the above address after filing all Half- yearly ST-3 Returns upto the period ending 31-3-2007 and after paying all Service tax dues. The format of the application for surrender of registration certificate is enclosed. Application for Surrendering Service Tax Registration Certificate From To The Superintendent of Service Tax Facilitation Counter Service Tax Commissionerate 692, Anna Salai, Nandanam, Chennai - 600 035. Sir, Sub:- Service Tax - Surrender of Registration Certificate Reg. I am/We are surrendering the Registration Certificate No ..issued for payment of Service Tax under . (Please specify the category/categories of Services) for the reason mentioned below. Reasons for Surrender 1. Value of My/Our taxable service is less than 7 Lakhs. 2. 1/We have closed my/our Operation 3. I/We have merged my/our Unit with another Unit/entity. 4; Any other reason (Please specify) We declare that we have discharged the tax liability and have filed the Service Tax Return in Form ST-3 for the period upto the date of surrender. Details of the returns filed are furnished below. Copies of the acknowledgements of filing the returns are enclosed. Sl.No ST 3 Return For the Half-Year Date of Filing 1. 1-4-2004 to 30-9-2004 2. 1-10-2004 to 31-3-2005 3. 1-4-2005 to 30-9-2005 4. 1-10-2005 to 31-3-2006 5. 1-4-2006 to 30-9-2006 6. 1-10-2006 to 31-3-2007 Yours faithfully, PLACE: DATE: Signature of the Authorised Signatory