penalty matters


This query is : Resolved 

14 November 2009 Dear Sir,

what if one failed to file service tax return on time what is penaly and interest.

14 November 2009 Late filing fee has to be paid. See rule 7C of Service Tax Rules,1994.
Penalty not exceeding Rs.5,000/- could be imposed u/s 77 of The Finance Act,1994.

14 November 2009 read by this link also

https://www.caclubindia.com/forum/message_display.asp?group_id=55061


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