late fees for late filing of service tax reurn

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hi pls help me if anybody know i m service tax assessee but i have not filed previous six month return on due date of 25 oct.my service tax liability is nil. i m liitle bit confused whether penatly is upto 15 days is rs.500 or no late fees due to my nil service tax liability. pls tell me what is the right answer as per rule 7c of service tax rules 1994. waiting for answer
Replies (3)

If you have no Service Tax liability then also you should file timely service tax return. The late fee presently prescribed vide rule 7C of the Rules, is (a) Rs 500 for delay upto 15 days; (b) Rs 1000 for delay between 15 days and 30 days; and (c) Rs 1000 plus Rs 100 per day beyond 30 days, till the filing of return, not exceeding Rs 2000/-. To avoid late fee, the taxpayer must ensure timely filing of return.

dear honey,

if you are not file the service tax return within the due date, you have to pay penality Rs.2000/- when delay days exceeds more than 30 days. Pay by online and submit the return in the concerned authorities along with the receipt of payment.

 

PLEASE GO THROUGH RULE 7 OF 

 

https://servicetax.gov.in/st-rules.htm

 

[(7C). Amount to be paid for delay in furnishing the prescribed return.-
 
Where the return prescribed under rule 7 is furnished after the date prescribed for submission of such return, the person liable to furnish the said return shall pay to the credit of the Central Government, for the period of delay of-  
 
(i) fifteen days from the date prescribed for submission of such return, an amount of five hundred rupees;
 
(ii) beyond fifteen days but not later than thirty days from the date prescribed for submission of such return, an amount of one thousand rupees; and
 
(iii) beyond thirty days from the date prescribed for submission of such return an amount of one thousand rupees plus one hundred rupees for every day from  the thirty first day till the date of furnishing the said return:
 
 
HOPE YOU GOT YOUR ANSWER
 
.

 

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