GST Advocate
15220 Points
Joined January 2009
Any person, liable to pay service tax in accordance with the provisions if they fails to pay such tax, shall pay, in addition to such tax and the interest. A penalty which shall not be less that Rs. 1000 for every day during which such failure continues or at the rate of such tax, per month, whichever is higher, starting with the first day after the due date till the date of actual payment of the outstanding amount of service tax. Penalty is depend upon the failure of penal provisions.