25 June 2010
Reference to Rule 7C of Service TAx Rules, 1994 amended in 2007,,,,Penalty for delayed filling of Return is Maximum Rs2000.
Querry 1: Whether the penalty is leviable for NIL Return also ? (Last return filed was in time but was a NIL return).
Querry2: The Assessee is applying for cancellation of Servicetax Registration by surrenderning the ST Registration Certificate, Since it ceased to provide taxable services,Whether the penalty is avoidable on this ground ?
25 June 2010
1. Penalty leviable on NIL return also.
2. If you want to cancel a registration certificate then u have to file returns upto the date of filing for cancellation. So this is not a valid ground.
Also now cancellation of service tax number is online.