Hi,
One of the assessee have provided service amounting to 15 Lakh upto Nov, 2013 for FY 2013-14. We have already applied for registration in the month of Dec, 2013. Can any body tell me regarding the following changes & penalty to be levied.
1. Late registration Penalty
2. Penalty for Late payment of service tax on Rs 5 Lakh. (Which exceeds Rs 10 Lakh)
3. Shall we need to pay the service tax on this Rs 5 Lakh or not?.
4. Is there will be any late return changes?.
5. Is there any ways these penalties can be waived.
CAclubindia
