Waiver of late fees in case of service tax returns

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Querist : Anonymous (Querist)
18 October 2013 can anybody tell me late fees for delay filling of service tax returns waived ? if taxable amount of service tax is not zero.

18 October 2013 Waiver is depend upon the reason of late filing of return.

18 October 2013 Pl refer http://taxguru.in/service-tax/file-service-tax-return-time-maximum-penalty-increased-10-times-rs-20000.html

for more details.

Thanks//VaibhavJ


19 October 2013 There is no provision for waiver of penalty for late filing of return. The penalty is Rs.500 for the 15 days delay, Rs.1000 for the thirty days delay, thereafter Rs.100/- per day of day upto Rs.20,000/-.

Penalty for late filing may be waived in the case of ST-3 where there is no tax liability i.e NIL or below threshhold limit Rs.10lacs.



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