Service tax

Queries 353 views 2 replies

HI All

for delay beyond 30 days (service tax return as per amendment)

NR 1,000 + INR 100 per day (from 31st daysubject to a maximum amount of Rs 20000.)

What is the meaning of  the above blue line?
ACCORDING TO ME RS.2000/- UP TO 40 DAYS AND >40 DAYS RS.20000/- IS IT CORRECT?
 
PLEASE TELL ME BCOZ  I AM IN CONFUSION.
 
THANX.
Replies (2)

it means panelty for delay beyond30 days will be 3100(31days)|+100 rupees per day

but it could never be more than 20000 rupees

3100 should be read as 1100


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