24 October 2009
My Querry is "the company for which i work was incorporated on 20.02.2009 having nil turnover for FY 07-08 and 5 Crore for FY 08-09. neither we have filed any Service Tax return nor we have deposited service tax due some unavoidable reasons. so, what are the consequences for not paying/filing of service tax. can we pay the same in this financial year, if yes, what are accounting treatment?
CAclubindia
