HI, EVERYBODY
PLEASE SOLVE MY QUERY AS BELOW :
KINDLY LET ME KNOW WHETHER A SMALL SCALE INDUSTRY( PROPRIETORSHIP FIRM) NOT REGD. IN FACTORY ACT AS WELL ANY COMPANIES ACT IS LIABLE TO PAY THE SERVICE TAX UNDER GTA, AND IF YES THEN WHAT SHALL BE THE PENALTY & INTEREST APPLICABLE FROM 01.01.2005 AND CAN AVAIL CREDIT AGAINST THE SERVICE TAX PAID DURING THAT PERIOD .