17 January 2017
We have filed our Service Tax Returns for Apr-Sep 2015 on 18/01/2016 and Oct-Mar 2015 on 24/05/2016. Both the returns were late but no late filing fee has been paid by us.
The payment of Service Tax in both the period was always late but no payment of Interest has been made.
Expert advise is required :-
a) Can we make payment of Interest now b) Can we make payment of Penalty for late filing now.
As far as we are aware, we can revise return only within 90 days of the filing of return which is already exceeded.
17 January 2017
We are require to make the following payments a) Interest on delayed payment of Service Tax Rs.1,26,377.00 and b) Delayed filing fee of Rs.7,500.00.
Please advise are we also require to make additional payment of penal interest on above payment if we make the payments today. Also advise penal interest is to be paid at what rate.
17 January 2017
We are require to make the following payments a) Interest on delayed payment of Service Tax Rs.1,26,377.00 and b) Delayed filing fee of Rs.7,500.00.
Please advise are we also require to make additional payment of penal interest on above payment if we make the payments today. Also advise penal interest is to be paid at what rate.
CAclubindia
