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.
File April-June 2012
Rakesh PATEL
Individual Faces Penalties for Late Service Tax Return; Experts Advise Filing Nil Return to Avoid Fees An individual registered for service tax on June 15, 2012, but failed to file a return for April-June 2012, filing instead for July-September 2012. Experts advised filing a Nil return for the April-June period despite no services being provided. One expert warned of potential late fees up to Rs. 20,000 and a penalty of Rs. 10,000 for non-filing, but suggested that penalties might be waived if the return is filed voluntarily and the department is informed. Another expert recommended filing the Nil return promptly and awaiting any departmental response. (AI Summary)