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Issue ID: 109290
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Penatly on Late filling of Service Tax

Date 15 Oct 2015
Replies 9 Replies
Views 23682 Views
Asked by
Late filing penalty separate from interest; slabbed late fee payable up to statutory ceiling and entered under the late-fee code.
Late filing of the ST-3 return incurs a penalty separate from interest; tiered fixed and daily late-fee amounts apply subject to an overall statutory ceiling. Payment of the prescribed delayed-filing amount concludes proceedings for late submission, and where gross service tax is nil the officer may reduce or waive the late-filing amount. Practically, the late fee is to be entered in the late-fee column (G-10) of the single ST-3 return, separate accounting codes apply by service category, and education cess is not payable on penalty amounts. (AI Summary)

Dear Sir,

I have not filled service tax return I have made payment of Service tax with Interest.

and My question is

Do I need to pay Penalty a part from Interest as well for late payment of Service tax.

Also I have to pay ₹ 20,000/- for late filling of Service Tax but while making online payment I don't see column for Penalty towards filling of Late return can you please advice the right code to make the penalty also confirm do I need to pay penalty for late filling 12%+2%+1% =12.36 or can I pay directly ₹ 20,000/-

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