01 February 2012
one of the person have not filed his service tax return since f.y.2008-09,now he want to file his return,now the current penalty is 20000 rs for late filing of return.whether the penalty is for per quarter or maximum?
02 February 2012
Enhanced Penalty shall not be applicable for your case . Maximum Penalty shall be Rs 2,000/- per return only.No Retrospective Effects.