File April-June 2012

[Asked by Guest]

hi Experts,



i have register with service tax department and service tax no on 15/06/2012.

Unfortunately i didnt file return for April-June 2012. and i directly file return July-Sept.2012. System has accept my July-Sept.2012 return and got my S.T-3.

Shall i file April-June 2012 Return Now as i didnt provide any service in this quarter.

please advise me.

[R MUTHURAJ]

Dear Mr.Rakesh PATEL,

You must have been filed NIL returns for the first quarter. but you did not file.

Now you must file for the following reason.

In case if the department is aware of this, it may call for to pay Late Fess as per Rule 7C of Service Tax Rules, 1994 to the maximum of Rs.20,000/-

Penalty may also attracts as per Sec 77 for non-filing Rs.10,000/-

However, once you file the returns voluntarily and since the tax payable is Nil for the return period, you can inform the CEO with sufficient reason for not filing of return, penalty may be waived of reduced by him (Provisio 3 of Rule 7C)

 

 

 

[CASeetharaman KC]

It would be advisable to file a Nil return immediately for the period from April to June and wait for response if any from the department

AI Summary

Service tax nil return: file immediately to avoid late fees and penalties, voluntary filing may secure waiver.
A registrant who obtained service tax registration mid quarter should file the NIL return for the April-June period immediately; failure to file attracts a late fee under the service tax rules and a penalty for non filing, but voluntary filing with explanation may permit the chief executive officer to waive or reduce penalties under the relevant proviso.