Late Fee for Return Filing


This query is : Resolved 

31 May 2011 Please explain the amended provision relating to late fee for the delayed filing of service tax return

31 May 2011 maximum penalty ceiling raised from 2000 to 20000,

balance all provisions of penalty remain same.

01 June 2011 Please explain the effective date..whether the late fee in retrospective effect....?

01 June 2011 its applicable from the date of budget and with retrospective effect. however department has accepted past returns within march 2011 with max penlalty of 2000/-


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