Service tax penalty

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 September 2015 Dear sir
please tell me the penalty of service tax for filling late return...

reply clarify..

16 September 2015 Read Rule 7C of service tax Rules, 1994
penalty is Rs. 500/- upto 15 days delay, Rs. 1000/- upto 30 days delay.
beyond 30 days- Rs. 1000/- plus 100 per day from the thirty day till filing of return. However, it cannot exceed Rs. 20000/-. Please read Rule 7C before making penalty payment. Thanks.



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