Penalty for Non filing of Servie Tax Return

This query is : Resolved

Share Report Follow Query Ask a Query

Divyang Parikh

Divyang Parikh (Querist)
Follow

17 January 2008 What is the maximum Penalty for non filing of Service tax return or late filng of ST 3

Amit Sharma

Amit Sharma (Expert)
Follow

21 January 2008 If there is delay, interest for delayed payment will have to be paid, which cannot be waived. Though there is no mandatory penalty for delay in registration, penalty upto Rs. 1,000 can be imposed under section 77. In addition, penalty of Rs. 100 per day can be imposed for late payment of tax, under section 76. In case of suppression of facts, wilful mis-statement, fraud and collusion, higher penalty is payable under section 78.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

svgovindaraju

Krishna Kumar A

Samruddhi Agrawal

R NATARAJAN

Amogh Gokhale

Subscribe Now

Penalty for Non filing of Servie Tax Return

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Senior Executive

GST CONSULTANCY

Manager- Finance and Compliance

Accountant

GST CONSULTANT

CA Final