Service tax returns

This query is : Resolved

Roopali Jawa (Querist)
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20 July 2012 hi i have not filed service tax returns for the past 10 years now i want to do so in order to claim service tax benefit. what is the time limit for filing delayed returns? can i file it anytime in life time without time boundations?

RENGARAJ R.K

RENGARAJ R.K (Expert)
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20 July 2012 Filing of return within the prescribed time limit is compulsory, even if it may be a nil return, failing which penal action is attracted.

Mandatory Penalty for Late filing of ST-3 Return under Rule 7C of Service Tax Rules, 1994 (Section 70 of the Act)
Sr.No.
Period of Delay from the
prescribed date
Penalty
1
15 days
Rs.500/-
2
Beyond 15 days but not later than 30
days
Rs.1000/-
3
Beyond 30 days
Rs.1000/- plus Rs. 100/- for every day
from the thirty first day till the date of
furnishing the said return (not exceeding
Rs.20000)

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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20 July 2012 No time boundation to file service tax returns. But belated filing attracts late filing fee, as per rule 7C of service tax rules 1994, up to a maximum of Rs,20,000/- per return.

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