Service tax return

Late Fees and Penalties for Filing Service Tax Return Late:

If the Service Tax Return has not been filed by the due date for the given 6 - month period, late fees shall be charged to the taxpayer in the following way:

• Rs.500 late fees for applications delayed by up to 15 days from the due date.
• Rs.1,000 late fees for applications delayed by up to 30 days (over 15 days, under 30 days) from the due date.
• Rs.1,000 + Rs.100 late fees for applications delayed for over 30 days.

It should be noted that no taxpayer will be liable to pay over Rs.20,000 in late fees.

In case of errors to be corrected or omissions to be made in the Service Tax Return form, the taxpayer must furnish and submit a Revised Return of Service Tax within a total of 90 days from the date of submission of the original Service Tax Return filing