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
- Tax on Amount transferred in HUF Account
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- Intimation under section 245
- GSTR-9C filing
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
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
