28 December 2012
Dear Sir, Please tell me about late registration of service tax. Mainly we are doing job work (automobile parts) . Our client is excisable unit so our client send to us material for job work on 57f4 challan as per excise rule. so we are cross the exemption limit of service tax ( 10 lakh ) as per rule as on the period of 15 0f sep-2011. we want to obtain service tax registration as on date. please tell me how much penalty payable by us for late registration of service tax.
From 01-07-2012 as per Notification No.25/2012-ST Dated 20-06-2012 Carrying out an intermediate production process as job work in relation to - (c) any goods on which appropriate duty is payable by the principal manufacturer; is exempt from Service tax. If the Service is exempt then no question of Registration.
30 December 2012
Dear Sir, Our client paid excise duty on principal product through our end. No any exmption avil by our client. So we are liable to obtain service tax registration. If yes how much pentalty will be attract to us.
CAclubindia
