ST-3
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 December 2010
my client has not started business activity but he got registration certificate voluntarily and he wants to close down his bussiness and surrender the certificate whether he has to file ST-3 if yes then he has to pay penalty of Rs. 2000/-?
pls help.....
pls help.....
Aditya Maheshwari
(Expert)
21 December 2010
yes
RAMESH KUMAR VERMA
(Expert)
21 December 2010
SIR,
EVEN THERE WAS NO BUSINESS DURING THE PERIOD ASSESSEE WILL HAVE TO FILE "NIL" RETURN AS LONG AS REGISTRATION CERTIFICATE IS VALID-- PARA 4.8 OF FAX RELEASED BY CBEC IN NOVEMBER-2007(12STT1)ST
AS PER SECTION 70(1)wef 11.05.2007 make provision for late filing with late feewhich can be up to rs. 2000.00
late fee payble as follows:-
delay up to:-
15 days---------- Rs.500.00
beyond 15days up to 30days ----Rs. 1000.00
DAY OF DELAY BEYOND 30 DAYS ----RS. 1000+100 RS. PER DAY OF DELAY BEYOND 30DAYS FROM 31 DAYS MAXIMUM ------RS. 2000(RULE 7C)
EVEN THERE WAS NO BUSINESS DURING THE PERIOD ASSESSEE WILL HAVE TO FILE "NIL" RETURN AS LONG AS REGISTRATION CERTIFICATE IS VALID-- PARA 4.8 OF FAX RELEASED BY CBEC IN NOVEMBER-2007(12STT1)ST
AS PER SECTION 70(1)wef 11.05.2007 make provision for late filing with late feewhich can be up to rs. 2000.00
late fee payble as follows:-
delay up to:-
15 days---------- Rs.500.00
beyond 15days up to 30days ----Rs. 1000.00
DAY OF DELAY BEYOND 30 DAYS ----RS. 1000+100 RS. PER DAY OF DELAY BEYOND 30DAYS FROM 31 DAYS MAXIMUM ------RS. 2000(RULE 7C)
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- MSME disclosure and disallowance
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- 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
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
