Service Tax Penalty for Non Filling of Return

rs.20000/-.

But where it is mentioned that penalty for the earlier year, for which returns are not filled will also be Rs.20,000/-

In Finance Bill 2011, it is written w.e.f 1-4-2011, and not retrospectively.

In this regard CBEC circular no. 97/8/2007-ST. DT. 23-8-2007 clarifies that to avoid late fees, the taxpayer must ensure timing filing return.  In case of return filed late, the appropriate late fees, should be paid at the timing of filing return..

Than if any person has obtained ST registration no. and has not filled any return as there was no business, but now he is covered by the ST limit...so he has to filled all the returns till date with the penalty of Rs. 20,000/- per return as it has alredy exceeded the 190 days.

But nil return filling is compulsary na,

So he has to file the old returns...

But let me know, wat about the last 6 month return from Oct 2010-March 2011 if it is filled after due date which is 25th April,2011. Whether late feed will be restriced to 2000 or can be up to 20,000.

Originally posted by : Kaival Mehta
	Than if any person has obtained ST registration no. and has not filled any return as there was no business, but now he is covered by the ST limit...so he has to filled all the returns till date with the penalty of Rs. 20,000/- per return as it has alredy exceeded the 190 days.

https://arxadvisors.com/userfiles/Instruction%20Letter-137-58-2007.pdf

Thanks U S Sharma jee......!!!!!!!!!!!!!!!