Challan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2014 A Company has not paid service tax for 2 years. now we are paying it with interest.
As per rule Due Data for payment is monthly.

So now do i need to make monthly challans for every month. i.e ( 24 challans for 24mnth) or just 4 challans for every return period.....?

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
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13 October 2014 Just 4 Challans for every return period

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 October 2014 Make 1 challan for every return period.

If you are paying for FY 2012-13 and 2013-14 then you will have to make 5 separate challans, since the 1st half return of FY 2012-13 was divided into 2 quarterly returns. You will also have to pay penalty for delay in filing of Service Tax Return.

Also file the returns immediately after payment.

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 October 2014 Late fee for delay in filing---

First 15 Days - Rs 500
16-30 days Rs 1000

More than 30 days Rs 1000 + Rs 100 per day beyond 30 days. (Subject to Maximum of Rs 20000/-)

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