Service Tax

This query is : Resolved 

13 July 2011 As Per the Finance Bill 2011 It is said that penalty for delay in Service Tax return has been increased From Rs.2000 to Rs.20000 w.e.f the enactment of Bil.The Question is Whether The return filed for the previous years after 01-04-2011 will be come under the said provision?.

14 July 2011 yes, all delayed returns after the budget 2011 filed are effected.

14 July 2011 Thank You Sir. But is it a Statutory Obligation to pay 20000 OR The Dept. has any authority to fix it?.


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