Registration procedure for Input service distributor and Person availing value base exemption - 026/05 - Service Tax

Registration procedure for Input service distributor and Person availing value base exemption

Notification No.  26/ 2005-Service Tax

Dated 7th June, 2005

G.S.R. (E).- In exercise of the powers conferred by sub-section (2) of section 69 of the Finance Act, 1994 (32 of 1994), the Central Government hereby specifies the following person or class of persons who shall make an application for registration under the provisions of the said sub-section, namely:-

(i) an input service distributor; and

(ii) any provider of taxable service whose aggregate value of taxable service in a financial year exceeds ¹[nine lakh rupees.]

Explanation 1.- For the purposes of this clause, where a provider of taxable service provides one or more taxable services from one or more premises, the aggregate value of all such taxable services and from all such premises and not separately for each services or each premises shall be taken into account for computation of aggregate value of taxable service. 

Explanation 2.- For the purposes of this notification,-

(a) "input service distributor" has the meaning assigned to it in clause (m) of rule 2 of  the  CENVAT Credit Rules, 2004;

(b) "aggregate value of taxable service" means the sum total of first consecutive payments received during a financial year towards the gross amount, as prescribed under section 67 of the said Finance Act, charged by the service provider towards taxable services but does not include payments received towards such gross amount which are exempt from the whole of service tax leviable thereon under section 66 of the said Finance Act under any notification other than Notification No. 6/2005-Service Tax, dated the 1st March, 2005 [G.S.R. 140 (E), dated the 1st March, 2005].  

2. This notification shall come into force on the 16th day of June, 2005. 

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Notes :

1. For the words "three lakh rupees", the words "seven lakh rupees" has been substituted vide Notification No. 5/2007-ST dated 1.3.2007 (w.e.f. 1st day of April, 2007), further for the words "seven lakh rupees", the words "nine lakh rupees" has been substituted vide notification no. 9/2008 ST dated 1-3-2008 w.e.f. 1-4-2008