Dear All, Our client falls under the category of Small Service Provider with no service tax liability to be collected & paid. We filed his service tax returns late. We wish to know is there any penalty or late fee payable for such late filing of return ?
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Late fee in service tax return filing
Replies (6)
As per the law, you have to pay the penalty depending on number of days delayed. But if the service tax liability is nil, then the department can waive off the penalty subject to propre business reason for such delay.
Thanks a lot sir. But what about late fees ?
Rs. 200/- per day from the last date of filing of return till date file of return.
first 15 days- Rs. 500
16-30 days- Rs. 1000
After 30 days- Rs. 1000+ Rs. 100 per day after 30 days.
subject to maximum of Rs.20000
16-30 days- Rs. 1000
After 30 days- Rs. 1000+ Rs. 100 per day after 30 days.
subject to maximum of Rs.20000
Aggredy with murli agarwal
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