25 October 2015
what is the penalty in service tax for not obtaining service tax Registration in due date and not filing/late filing st 3 return for f.y. 2015-16
25 October 2015
Penalty in this case is Rs.200 for every day during which such failure continues up to a maximum of Rs.10000/- and
DELAY IN FURNISHING OF RETURNS [Section 70 read with Rule 7C] Late fee is payable on delayed submission of Service Tax returns as below: Period of Delay Late Fees (Rs.) Up to 15 days 500/- Beyond 15 days but up to 30 days 1000/- Beyond 30 days 1000/- plus 100/- per day from the 31st day up to the date of filing of return (subject to maximum amount of Rs.20000/- per return)