Service tax penalty for late filing st -3
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 March 2013
I TOOK SERVICE TAX RC ON OCT 2010, BUT FILED THE HALF YEARLY RETURN ( OCT 2010 TO MARCH 2011 ) ST - 3 ON 25.05.2012 PAID TAX ALONG WITH INTEREST RS.38000. NOW THE PENALTY PROVISION CALCULATED UPTO DATE RS. 37500 BUT SUBJECT TO MAXIMUM PENALTY AS PER RULE 7C SAYS RS. 20000. WHICH AMOUNT I PAYABLE AS A PENALTY RS.37500 OR RS.20000 .
I TOOK SERVICE TAX RC ON OCT 2010, BUT FILED THE HALF YEARLY RETURN ( OCT 2010 TO MARCH 2011 ) ST - 3 ON 25.05.2012 PAID TAX ALONG WITH INTEREST RS.38000. NOW THE PENALTY PROVISION CALCULATED UPTO DATE RS. 37500 BUT SUBJECT TO MAXIMUM PENALTY AS PER RULE 7C SAYS RS. 20000. WHICH AMOUNT I PAYABLE AS A PENALTY RS.37500 OR RS.20000 .
23 March 2013
Rs. 20,000/- has to be paid as late filing fee as per rule 7C of the Service Tax Rules,1994.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- TAN for Partnership
- Relief u/s Section 89
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- GST ON DAMAGED GOODS
- Taxation on LTCG for property sold after 24JUL2024
- Loan by Partnership Firm
- Suggestions required for income tax filing-software (FY 2025-26)
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
