20 April 2013
If an assessee in wrong advice had taken service tax no. in 2007 but failed to file the return for the next periods till date, now he has received notice under section 70 and 77 of the Finance Act,1994. He works under contract for transport of goods by road with Ambuja Cement and the company under Rulde 2(1)(d) used to pay the same. The assessee had applied for surrender in jan 2012 but failed to complete the documents for the same.
Now my query is:
1) What would be the penalty if notice is received from F.Y. 2009-10 to 2011-12?
2) can penalty be waived off and if yes, how?
3) Till what period we have to file the reurns, till september 2011 or march 2012 or even for FY. 2012-13?
4)In the return filed, do we have to show the services billed as NIL or we have to put the amount in exempted services column.