Tax payment
This query is : Resolved
23 September 2016
Dear sir,
my query.
example.
my client turnover is Rs.150000. he collect the service tax from is first bill. so he have eligible for abatement of 1000000. or not.
23 September 2016
If he is charging service tax, although not applicable to him....he can NOT claim the basic exemption.
23 September 2016
thank you.
and one more query
if the client cross the limit in oct2015. so st3 return filled 1st half or second half (but he collect the tax first bill).
23 September 2016
ST Return shall be filed for both the half years irrespective of whether he has collect the tax or not. NIL return is also mandatory, if one is having ST registration
23 September 2016
for nill return , we submit now ,there is any interest and penalties to pay.
23 September 2016
Yes the penalty for late filing of return is 200 per day subject to maximum of Rs. 25000/-.
23 September 2016
sir sorry, the penalty amount is per day ia 100 and maximum is 20000.
may i correct
23 September 2016
My apologies , may be i have not paid penalty for quite a sometime, thankyou for updating :)
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- ITC temporary reversal and reclaim
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
