Service tax (still confusion)

HI All

 

for delay beyond 30 days (service tax return as per amendment)

NR 1,000 + INR 100 per day (from 31st daysubject to a maximum amount of Rs 20000.)

What is the meaning of  the above blue line?
ACCORDING TO ME RS.2000/- UP TO 40 DAYS AND >40 DAYS RS.20000/- IS IT CORRECT?
 
PLEASE TELL ME BCOZ  I AM IN CONFUSION.
 
THANX.
Replies (1)

yes benond 30 days the penalty is 1000 + 100 per day +

maximum limit has been changed to 20000 from 2000, means the 100 / per day penlaty from 31st day to next 1900 day may conitue in place of 190 days.

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