penalty for late filing of ST3

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Sonal Kulshreshtha (Querist)
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09 November 2009 Is it necessary to show the receipt of penalty deposited for late filing of ST 3 before filing the return? In other words, when we file ST 3 the acknowledgement of depositing penalty should be attached to the return or not?

ANIL JANGID

ANIL JANGID (Expert)
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09 November 2009 The service tax law recently introduced a provision whereby a late payment fee has been prescribed for delayed filing of returns. The fee for delayed filing of a return up to 30 days from the prescribed date of filing returnâ€”for the half year ending September 30, the return is to be filed by October 25â€”is Rs 1,000 and beyond such period is Rs 100 per day subject to a maximum levy of Rs 2,000. The delay in filing the half-yearly returns in your case is beyond 60 days. Hence, you would be liable to pay the maximum penalty of Rs 2,000.

BALASUBRAMANYA B N

BALASUBRAMANYA B N (Expert)
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09 November 2009 Upto 15 days its 500 and upto 30 days its 1000 then 100 per day still 2000.. You have to pay 500 if you file by tomm other wise 1000 then 100 per day...