Delay in payment of service tax
This query is : Resolved
01 April 2009
Dear Group Members,
We forgot to pay service tax liability for the month of march 09 which was to be paid upto 31st march 09. Can any one tell me about the INTEREST & PENALTY consequences separately.
We forgot to pay service tax liability for the month of march 09 which was to be paid upto 31st march 09. Can any one tell me about the INTEREST & PENALTY consequences separately.
01 April 2009
Interest applicable @13% per annum and penalty is 2% per month
However penalty may be waived, if paid on your own and can be debated.
Interest is must to pay
However penalty may be waived, if paid on your own and can be debated.
Interest is must to pay
01 April 2009
Just pay with interest no penalty will be levied.
03 April 2009
Thank you, Dayal & Tushar. There is one more Issue. Actually we had applied for registration and charged for Servive tax on A/F status. We haven't got Registration No. Yet payment. What will be the manner of payment then????
03 April 2009
Without a service tax registration you should not collect service tax. When you have applied especially service tax number will be given on same day unless and until there is some documents or information is missing. I think you have not folled up with the department.
Kidly follow up with the department and ge the number and pay immediately. The bills which you have raised and given to persons cannot claim input benefit because you are not authorised issue service tax bill.
Without a service tax registration you should not collect service tax. When you have applied especially service tax number will be given on same day unless and until there is some documents or information is missing. I think you have not folled up with the department.
Kidly follow up with the department and ge the number and pay immediately. The bills which you have raised and given to persons cannot claim input benefit because you are not authorised issue service tax bill.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- ITDS U/S.194T of Firm
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Non-Compliance documents have not been submitted by the contractors debited
- EXPORT COMMERCIAL INVOICE HSN CODE
- FORM 141 SDV query
- Same demand raised for original as well as rectification request return
- Sale of property held jointly with a non resident Indian
- GST not cancelled by tenant
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Filling ITR - U
- Form 140 tds
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
