Query

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Dear All my friends, pl tell the penalty for non submission of Service tax return??? I will submit it within 2 days.. Pl tell me how much amount to be paid???
Replies (1)

         Period of delay

Late fee payable

(i)  15 days from the due date

Rs 500/-

(ii)  beyond 15 but not later than 30 days from the due date

Rs 1,000/-

(iii) beyond 30 days from the due date

                                                      

 

Rs 1000 plus  Rs 100 for every day from the 31st day till the date of furnishing the said return

    Provided that the total amount of late fee shall not exceed the amount of ST self-assessed OR RS. 2000/- WHICH EVER IS HIGHER

 


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