chandra sekar (Manager-Accounts) (387 Points)
30 January 2012We got registered Service Tax, recently under GTA. Shall we remit the service tax liabilities for the past 3 years , in single challans or year wise or month wise( we are a pvt ltd co,)? Is there any problem in E Filing of Service Tax, when we pay the amount ,as i referred above?
V.P.Chandra Sekar
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 30 January 2012
you have to pay the arrears in quarterly format,
returns of arrears will initiate penalty to the max of 20000/- per return
if the demand is raised from audit, then just pay and submit the challans copy with your calculation to audit team and have acknowledgement.
CAclubindia
