There is wide confusion and ambiguity about manner and procedure for surrender of service tax registration certificate obtained but not required now.
The reasons for surrender for registration certificate may be as follows:
1. Value of Taxable service is less than 7 Lakhs.
2. Closer of business Operation
3. Merger with another Unit/entity.
4. Any other reason (Like centralized registration or so)
Now, commissioner of Service Tax, Chennai has issued a trade notice no. 9/2007 dated 7-3-2007 prescribing the format of application form for surrendering the certificate.
In the prescribed format of application, there is not need to submit an affidavit as insisted by department generally.