Penalty & interest on service tax late payment & late submi

This query is : Resolved

HARENDRA SINGH (Querist)
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26 December 2015 Dear Sir,

One of the our assesses has not filled service tax return of previous year 2014-15 also not paid the service tax till.

I requesting to you please advise to me, how to calculate interest of previous Q1, Q2, Q3 & Q4? As well as penalty of late submission of ST3.

Also same in this year 2015-16.

Thanks & Regards,

Harendra Singh

Jitendra Panwar, FCA

Jitendra Panwar, FCA (Expert)
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26 December 2015 Please mention type of assessee: Individual/Firm or Other. The due date of payment is different for each type of assessee and interest amount will be calculated accordingly.

Penalty u/s 70 for late submission of ST return is Rs.20,000/-

HARENDRA SINGH

HARENDRA SINGH (Querist)
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28 December 2015 Thanks so much sir,

Please also confirm to me the penalty Rs 20,000 for both return (Apr-Sept & Oct-March) or each.

2. During the filling of ST-3 the penalty of late submission of ST return Rs.20000/- is mention in part G or not.

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Jitendra Panwar, FCA

Jitendra Panwar, FCA (Expert)
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29 December 2015 The penalty Rs.20,000/- is leviable per return as section 70 of Finance Act 1994 provides. You may read section 70 at following link for better understanding.

http://goo.gl/yWqAHh

Feel free to ask me further.

Message likes : 1 times

HARENDRA SINGH

HARENDRA SINGH (Querist)
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30 December 2015 sir one more question, we have uploaded xml file on 19/10/2015 but xml file rejected. till we have not uploaded, we levied for late payment of late submission or not

Jitendra Panwar, FCA

Jitendra Panwar, FCA (Expert)
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30 December 2015 The rejection of return is amounting to not filing a return at all. Therefore you have to file it again. Late fee applicable