14 September 2012
One company is not registered but it was having taxable services from 01-04-2003. Is the Interest @ 13% and 18% will be applicable from 01-04-2003 or only last 5 years will be considered for Interest liability? I also want to know what is the stand taken by ST department for penalty?
14 September 2012
Very tricky situation. Company not registered but having taxable service.... some thing very fishy. In that case it seems that you have also raised the invoice showing service tax separately..... God forbids.... You are into a big trouble if that be the case.