Not pay service tax

417 views 1 replies
If I have Service Tax Number but I have never collected S.T. from customers. If I do not pay S.T., please inform me about penalty etc.
Replies (1)
Since st is indirect tax and u r not collecting from customer that deems to be your fault only remedy is that while calculating St totalbampunt will vlbe consider as you have collected st and that includes st Ex :- bill value 100 St 12.36 Total :- 112.36 But as per query u have charged only 100 instead of 112.36 now it will be calculated as =100100112.26 Interest penalty is mandatory And there are many other penalty which u can refer Str like return,late payment,short payment and so on

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details