Urgent regarding service tax panelty

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Dear Sir My husband has a firm in Ghaziabad and due to the mistake of our CA we hadn't paid service tax from last 2 years. Few days back in the absence of my husband someone from service tax dept. had shown letter at our firm about the panelties. Day before yesterday after consulting our lawyer we got to know it's some where around 1.80 lakhs. Yesterday my husband deposited money in his saving account and then he got to know that is account is in negative and shows approx. 18 lacs. As he confirmed from the bank he got to know that this is due to commercial tax dept. and they told that 8th bank has got the mail to do so. Our lawyer confirmed the Same from 8th service tax dept. that by mistake one more 0 has added at the end of actual penalty amount and it becomes 18 lacs. Please suggest what can we do know as we are in so much of stress.
Replies (1)
you are saying two cases one on the service tax part and other from commercial taxes both are different like commercial taxes belong to state where service tax belong to central
kindly consult a near by tax professional.. as so many aspects have to be checked like what kind of service you do or is it with commercial department or service tax , what is the turnover or revenue and others aspects like if any abatement is there or not if yes properly utilised ?,
and also why the returns were not filed for last two years which has to be done with penalty
post which the mistake issue if its found to be from the Service tax department then a appeal has to filed with the commissioner of appeal if order received or with tribunal explaining the situation.
Hence it's good to go in person rather exchanging conversation.

for more support

feel free to mail me at
auditor.sunilsharma @ gmail.com


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