Challan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 October 2014 A Company has not paid service tax for 2 years. now we are paying it with interest.
As per rule Due Data for payment is monthly.

So now do i need to make monthly challans for every month. i.e ( 24 challans for 24mnth) or just 4 challans for every return period.....?

CA VISHWAKEERTHI.P.S.

CA VISHWAKEERTHI.P.S. (Expert)
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13 October 2014 Just 4 Challans for every return period

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 October 2014 Make 1 challan for every return period.

If you are paying for FY 2012-13 and 2013-14 then you will have to make 5 separate challans, since the 1st half return of FY 2012-13 was divided into 2 quarterly returns. You will also have to pay penalty for delay in filing of Service Tax Return.

Also file the returns immediately after payment.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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13 October 2014 Late fee for delay in filing---

First 15 Days - Rs 500
16-30 days Rs 1000

More than 30 days Rs 1000 + Rs 100 per day beyond 30 days. (Subject to Maximum of Rs 20000/-)

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