Due date
This query is : Resolved
12 March 2013
namaskar,
can anyone please tell me the due date(as extended) for return filing for quarter 1 of year 2012-2013 i.e april 2012 to june 2012
and please tell me the interest payable for late depositing of tax.
can anyone please tell me the due date(as extended) for return filing for quarter 1 of year 2012-2013 i.e april 2012 to june 2012
and please tell me the interest payable for late depositing of tax.
Rajeev Kumar Garg
(Expert)
13 March 2013
The last date of filing the ST 3 return for the quarter Apr-Jun,2012 was extended by CBEC up to 25th November, 2012
The last date of e-filing of Service Tax Return (ST-3) for the period from 1st July 2012 to 30th September 2012, is 15th April, 2013.
Thanks
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
The last date of e-filing of Service Tax Return (ST-3) for the period from 1st July 2012 to 30th September 2012, is 15th April, 2013.
Thanks
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
Rajeev Kumar Garg
(Expert)
13 March 2013
The normal rate of interest payable is 18% P.A.for delayed period.
Thanks
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
Thanks
Rajeev Kumar Garg
(M.Com, L.L.B.)
Consultant (Excise, Customs & Service Tax)
Ph. no. +91 7500802402
13 March 2013
I) Late payment of service tax attracts simple interest @ 18% per annum to be calculated for the number of days delay vide section 75 read along with notification 14/2011 dated march 1, 2011.
2) However, 3% reduction in the rate is allowed vide proviso to section 73B which is reproduced below.
"“Provided that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during any of the financial years covered by the notice issued under sub-section (3) of section 73A or during the last preceding financial year, as the case may be, such rate of interest shall be reduced by three percent per annum.”
2) However, 3% reduction in the rate is allowed vide proviso to section 73B which is reproduced below.
"“Provided that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during any of the financial years covered by the notice issued under sub-section (3) of section 73A or during the last preceding financial year, as the case may be, such rate of interest shall be reduced by three percent per annum.”
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
- Tax on Amount transferred in HUF Account
- Nursery business
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Working on Gold wastage during Melting of old gold jewellery
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
