service tax refund
This query is : Resolved
21 October 2009
we are carring and forwarding agents(firm) of petroleum company.we have made excess pyt of 28000 in march 09.now,can we apply for refund of service tax & what is the procedure to claim refund.we have not filed last return of service tax. what will be penalty on us
21 October 2009
For service tex refund you file form R in triplicate to Ass/Deputy Commissioner excise/service tex.
Refund Application should be filled within 1 yr date of relevant.please insure that the claimed refund should not pass to any other person.
Penalty for delay Return File:
The service tax law recently introduced a provision whereby a late payment fee has been prescribed for delayed filing of returns. The fee for delayed filing of a return up to 30 days from the prescribed date of filing return—for the half year ending September 30, the return is to be filed by October 25—is Rs 1,000 and beyond such period is Rs 100 per day subject to a maximum levy of Rs 2,000. The delay in filing the half-yearly returns in your case is beyond 60 days. Hence, you would be liable to pay the maximum penalty of Rs 2,000.
Refund Application should be filled within 1 yr date of relevant.please insure that the claimed refund should not pass to any other person.
Penalty for delay Return File:
The service tax law recently introduced a provision whereby a late payment fee has been prescribed for delayed filing of returns. The fee for delayed filing of a return up to 30 days from the prescribed date of filing return—for the half year ending September 30, the return is to be filed by October 25—is Rs 1,000 and beyond such period is Rs 100 per day subject to a maximum levy of Rs 2,000. The delay in filing the half-yearly returns in your case is beyond 60 days. Hence, you would be liable to pay the maximum penalty of Rs 2,000.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Inventory of finished goods
- GST Regis.
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Sale of property furniture sale
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- RCM INVOICING FROM NOV-2024
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- As per schedule III of balance sheet how to pass journal entry
- Is correct way to find out capital of individual on 31st March
- Individual capital equal to which assets of balance sheet
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
