03 October 2013
Returns were required to be filed by you half yearly. Penalty is as under :- Where the return is furnished after the date prescribed for submission of such return, the penalty for the period of delay of - (i) fifteen days from the date prescribed for submission of such return, an amount of five hundred rupees; (ii) beyond fifteen days but not later than thirty days from the date prescribed for submission of such return, an amount of one thousand rupees; and (iii) beyond thirty days from the date prescribed for submission of such return an amount of one thousand rupees plus one hundred rupees for every day from the thirty first day till the date of furnishing the said return subject to maximum of Rs. 20,000.00
Where the gross amount of service tax payable is nil, the Central Excise Officer may, on being satisfied that there is sufficient reason for not filing the return, reduce or waive the penalty.
****For clarification and Premier service pl contact group.blr@gmail.com
*Disclaimer- all answers are given as per the facts narrated by you. Answer may differ after study of full facts/statements/agreements etc. involved in the case.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
04 October 2013
THANK YOU SO MUCH SIR FOR YOUR RPL.
BUT THERE IS TAX LIABILITY OF JUST RS. AROUND 100/- ONLY.