Query About Service Tax Return

Hi everyone,

I missed to deposite Service tax return, the last date  was 25-Apr-2008.

Now, what will i do?...........What is the Penalty rate & in which form, the penalty should be submit.....

Replies (4)
In case delay filling the return we need to use same return form only a penalty of Rs. 100 per day will also be deposited alongwith return
Hi, If you missed to file service tax return on time, then there is a penalty of Rs. 100 per day and maximum of Rs. 2000. It can be filed in the same ST3 form along with the challan

Delay in filing of return: The return is required to be filed by the stipulated date as mentioned at para 6.1 above. Delay in filing of return attracts late fee. The late fee presently prescribed vide rule 7C of the Rules, is (a) Rs 500 for delay upto 15 days; (b) Rs 1000 for delay between 15 days and 30 days; and (c) Rs 1000 plus Rs 100 per day beyond 30 days, till the filing of return, not exceeding Rs 2000/-. To avoid late fee, the taxpayer must ensure timely filing of return. In case of returns filed late, the appropriate late fees should be paid at the time of filing the return, without waiting for any communication or notice from the department. Mere non-submission of evidence of payment of late fee along with the return is, however, not a ground for refusal to allow filing of the return.

Thanks frnds :)

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