Hi there, I had got Service Tax registration at Hyderabad during July 2008.
However, I never conducted the business. It failed to take off.
But, I was not aware that I have to get it de-registered or to file nil returns.
Yesterday, somebody from Service Tax office called me up and asked to pay fine or lates fees , file nil returns and get de-registration done.
I am really shocked.
I did not conduct any business. I am not aware of the rules and regulations. I am actually pursuing further studies.
Kindly, guide me what can I do.
How much can the late fees or fine go up? How much do i have to pay for preparing nil service tax challan?
Is there any way to avoid fees at all.
CAclubindia
