Dear Sir I am running a business where 90% of my remittance comes in foreign currency and 10% or so which come in INR is not even 5 lakhs of any respective year. I started my firm in May 2008 as a proprietor, and at the same time a service tax number was issued to me. I think my mistake is that i never filed nil return of service tax either. I was going through the VCES scheme which is currently being offered by Service tax department...I havn't find any option available for the people with nil unfiled returns.... Please guide me what are the best options available for me.
Thanks Prakash ghai
CAclubindia
