Urgent help required

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 March 2015 Dear expert.
my client has not filled ST return from 1/4/2014 but having his turnover below the exemption limit.

plz. guide me. whether penalty will be levied or not, in cases turnover is below the 1000000/-

Nilesh

Nilesh (Expert)
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09 March 2015 Penalty will be applicable, however you can claim relief under Rule 7C Provided also that 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