St-3

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

29 January 2013 sir i registered with ST Dept. in may, 2012. I did'n file my return before due date. Now before filing my return i deposited penalty for late filing of Rs. 2600.

I have not raised any invoice during the period Apr-June.
I have given challan details in
coloumn 4.( challan details for advance payment)
& 4A. part II. and also mentioned this amount in 4A. (I) d(viii) as penalty.

Am i correct or not?

please help me if there is any mistake, where to fill this amount.

Thanks

Kaushik Vinod

Kaushik Vinod (Expert)
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30 January 2013 What is basis of Rs.2600 ie under which section you have paid this Rs. 2600 ??
As per Section 77 of the Finance Act,1994 the penalty may extend to Rs.10000.

One thing I want to discuss is first of all Officer shall issue show cause Notice and then if you satisfy him with reasonable cause then no penalty shall be levied ( Section 80 of the Finance Act,1994)

The penalty paid by you seems incorrect in Law.

Thanks