Dear friends,
Many of my small clients have received notices form the Central Excise Officer for not filing of ST-3 returns since from 4 to 5 years. They include petty photostudios, engineers and small choultries..I talked to the officer for surrendering, he said to file all NIL returns till to date with penalty & then surrender the same. I think he is doing this for expecting something. Since all are petty service providers, cant afford to pay the penalty. What shall be the convinient way of surrendering the ST certificate & get rid of the same?
Please also provide me the service tax exemption limit for
2003-04, 2004-05, 2005-06, 2006-07, 2007-08, 2008-09 & 2009-10..
Please help me out guys...
CAclubindia
