19 July 2011
Sir, One of my client engaged in recruitment and consultancy area as proprietary concern. He registered for service tax on sep 2008. But, till now not filed service tax returns. He also no service tax payable from the beginning. Now, we want file all the service tax return from sep 2008. What is the penalty and under which provision we can file the belated returns
19 July 2011
ST-3 can be filed any time after the due date. Only thing is, late filing fee (penalty) should be paid at a graded rate subject to a maximum.The rate is prescribed in rule 7C of the Service tax Rules,1994 read along with section 70. Rules and act referred can be viewed in www.servicetax.gov.in