Service tax returns

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Roopali Jawa (Querist)

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)

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)

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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