Vces query

491 views 4 replies

I am a service provider and registered with the Service Tax Authorities. I have paid taxes till present but have not filed the return in ST 3. Now I am liable to the penalty, if the officer decides to levy it.  How much will the penalty amount be if returns filed are from 01st April, 2010 onwards till now. Also, am i eligible to apply for VCES and would it be a good idea to go for it.

 

Replies (4)

In my view you cannot eligible for VCES further, if you could not deposit your Service Tax Return in this regard you may be face the penalty procedure. The penalty procedure i.e.

Delay of 2 days Rs. 500/-

Delay of 20 days Rs. 1000/-

Delay of 35 days Rs. 1000/- + Rs. 500/- @ 100 per day=Rs. 1500/-

Delay of 40 days Rs. 2000/-

Delay of 365 days Rs. 20000/-

So I CAN or CANNOT apply for VCES?

Originally posted by : Harendra Kumar
In my view you cannot eligible for VCES further, if you could not deposit your Service Tax Return in this regard you may be face the penalty procedure. The penalty procedure i.e.

Delay of 2 days Rs. 500/-

Delay of 20 days Rs. 1000/-

Delay of 35 days Rs. 1000/- + Rs. 500/- @ 100 per day=Rs. 1500/-

Delay of 40 days Rs. 2000/-

Delay of 365 days Rs. 20000/-

 

You are already registered with Service Tax Department a long period, further a fresh registration required in the VCES.

sir, i want to ask a query related to VCES, 2013, If we deposited the tax dues amount before submitting the VCES-1 to designated authority, now can we take the claim of deposited amount in VCES scheme?? plz tell me sir

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 20 June 2026
Articleship

RB KESHRI & CO

Mumbai

B.Com

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details