Penalty for non filing of return
This query is : Open
13 September 2013
I had filed ST3 return on 28.01.2013 instead of 25.10.2011 for the year 2011-12 (April to September). Now the ST range has sent a notice to pay the penalty of Rs.20,000 immediately for delay in filing return.
I want to know whether there is any provision or any case which i can use for not paying the penalty as our business is in loss. Now my business is in loss and i cant pay that much of penalty.
Please help me there is any way for not paying the penalty.
I want to know whether there is any provision or any case which i can use for not paying the penalty as our business is in loss. Now my business is in loss and i cant pay that much of penalty.
Please help me there is any way for not paying the penalty.
14 September 2013
Penalty is Rs100 per day upto max of Rs.20000.
As such penalty can be levied to Rs20000 as per law.
You can apply for waiver of penalty by showing some reasonable cause.
As such penalty can be levied to Rs20000 as per law.
You can apply for waiver of penalty by showing some reasonable cause.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
