09 June 2011
Hello, Sir/Madam, I want to ask a question that I have my company registered under service tax and I want to ask that if my company is registered and if suppose I don't commence my Business for any particular year then will I have to pay the tax or any charges (penalty) or any procedure. please let me know about the following matter.
09 June 2011
When there is no service is rendered There is no liability of Service tax, But you are required to file the return half yearly in ST-3 even though your liability is nil, and if you fails to File the return then Penalty question will come.