If a person whose turnover from providing professional service in the F.Y. 2012-13 was Rs.15 lakh and F.Y. 13-14 was Rs. 18 lakhs.But the person has failed to register and pay Service Tax and this non-compliance has continued until F.Y. 2012-13 and F.Y. 2013-14.
1. Can Registration be done now? If yes, what will be the penalty/ late fees for non-registration
2. How much service tax needs to be paid now for services provided in F.Y.12-13 and 13-14? ? and will the exemption of Rs.10 lakhs be available for both years. Also what would be the interest and penalty on such amount
3. Do we need to file Belated Returns for both years? If yes, what would be the penalty/ late fees for delay in filing
4. In which cases can this interest/ penalty/ late fees be waived off?
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