Anjani Kumar Sharma (Student) (600 Points)
20 November 2008Hi,
I would like to know that for the year 2007-08, if no service tax return was filed then now do we have to file two halfyearly returns for 2007-08 or do I need to fill the details for two half -yearly period in one Return Form itself. Please help me out
Shyam Lal Naik
(Service)
(6156 Points)
Replied 20 November 2008
both the returns has to be filed separately.
CA Abhash Mishra
(Chartered Accountants)
(598 Points)
Replied 20 November 2008
You have to file two saperate 2 return for Half yearly with Panalty of Rs. 1000 each for late filing of return. You can nt fill all 12months date in one form.
Thanks
Roshan
(Student)
(96 Points)
Replied 20 November 2008
| Originally posted by :Anjani Kumar Sharma | ||
| " |
Hi, Roshan |
" |
Bala
(CFO, Cogzidel)
(59 Points)
Replied 20 November 2008
Yes,
- you will have to file two separate returns for each half-year of 2007-08.
- penalty will be applicable for late filing of returns
- if service tax has not been remitted on time, interest @ 13% will be applicable
- some times, the concerned superintendent who receives the return will insist for a covering letter addressing to the Commissioner explaining the reason for not filing the return at the appropriate time.
Bala
CAclubindia
