Sir
Can you tell me how much is the penalty for late filing of return and late deposition of service tax?
When the return for the financial year ending is required to be furnished?
How to arrive at the service tax for the month of March when the service is still not completed and no payment received for the services rendered during the month.
Bye
Sumit
The One Says:
Sumit I can give you some brief idea:
Return to be filed within 25 days of end of half year; (ST3 and TR6)
Service tax is paid/collected only on payment received;
Penalty higher of 2% per month or Rs. 200 per day restricted to amount of service tax.
Hope it helps.
CAclubindia
