Penalty for late filing of return

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 April 2014 We have filed a return of service tax on 24th Oct., 13 for the half year ended on 30th sept. 13. But the same was rejucted due to a digit error in service tax registation number. The same was not checked that time and it came to notice on 18th April,14 and filed return again. Whether penalty for late filing may levied on this case.

Annu Agarwal

Annu Agarwal (Expert)
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21 April 2014 Yes,Penalty for late filing shall be levied as the return has still not be submitted .
As per proviso to Rule 7C the penalty for non-filing can be waived only if service tax payable is nil.
So in your case if service tax is payable,then penalty upto Rs 20,000 shall be levied .