service tax not paid

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

17 November 2009 My very close friend used to run consultancy/recruitment agency he has closed down the business since 2008 jan. In jan 2007 he had collected service tax from his client but failed to pay service tax dept. total turnover for the year 2006-2007 was below 7lacs. service tax amt collected was 57000/-
due to financial crisis he has not paid the amount so far, how much he will have to pay, as he had major loss in share market in 2008, can his service tax will be waived off. till date his finance condition is still very pathetic. he has no source of income since jan 2008.

ANIL JANGID

ANIL JANGID (Expert)
Follow

17 November 2009 NO WAVE SERVICE TEX YOUR FRIEND PAY WITH INTREST AND PLENTY.

CA Deepak S

CA Deepak S (Expert)
Follow

18 November 2009 Agree with the expert

Upgrade to CAclubindia Pro. Subscribe Now!

Querist : Anonymous

Querist : Anonymous (Querist)

18 November 2009 Dear Sir, if the amount collected in service tax is Rs.57,000/- in Jan 2007 would you be kind enough to let us know what would be the total amount he will have to pay as of today. Thank you for reply. I am helping a person who had nervous breakdown twice due to financial crisis so we group of friend trying to help him, he seems to be suicidal please help as we will be contributing and paying the amount. Thanking you very much