Service Tax Penalty

Can't the penalty be paid vide GAR7 challan?

It can be paid. There is a separate code in challan for paying penalty even in cases of e-payment

Dear Yash,

There is no need of complicating issues by preparing a DD, in GAR - 7 there is a provision made for interest payment due to late filling to Service Tax, you can do the same. However there will be a code to write for Interest, which will be present behind the Challan.

Hope your doubt is clear now.

hi, if the penalty is paid the it should be charged from profit and loss a/c or directly in service tax what will be the entry if in service tax directly.

thanks and regard

abidonly4u2003 @ hotmail.com

what is code of service tax relating to penalty?

We are in the business of  Transportation of Buses. We did not collected and deposited service tax on rent earned from Bus Stnds. we also hire on Contarct basis drivers from outsiurcing company and pay service tax to them. Can we take the benefit of this payment agasit the amt of rent. How to caluclate inetrest and penality for not depositing return and tax.

Please somebody inform me the penalty code for Input Service Distributors.

Hi,

please let me know the service tax paid  10 days delayed  so please let me know the  calculation and how much we have to pay the penality/interest charges   we are operating  travel agent  our service tax code 00440294

Suchendra

Dear Jayantha;

Choose your Penality code for your Service at the back of the GAR 7 challan. Each Service has Different Penality codes or Visit this website https://servicetaxdelhi.gov.in/listofservices.asp.

Thanks

Sir,

Can anyone let me know the service tax penalty code for late filing of return?

Originally posted by : CA Shalini Prakash
	Sir, Can anyone let me know the service tax penalty code for late filing of return?

It depends for which service you are registered. The penalty code will be other receipts code for the service for which you are registered.