TaxTMI 
TaxTMI 
if service tax filed late what will be solution if penalty imposed
what happen if ST return filed late
05 Sep 2016 
7 Replies 
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Service tax return late filing attracts prescribed late fees while nil returns can avoid penalties and be waived.
Late filing of Form ST-3 attracts prescribed late fees; nil returns are not required and, if nil, cannot attract penalty and may be waived under the proviso to Rule 7C. ST-3 is filed half-yearly by persons liable to service tax and by Input Service Distributors, with due dates for April-September and October-March specified. Late fees escalate from an initial small fixed amount to a higher fixed charge and then a per-day charge subject to an overall cap, and authorities may waive fees where delay is shown to be genuine. (AI Summary)
Late filing of Form ST-3 attracts prescribed late fees; nil returns are not required and, if nil, cannot attract penalty and may be waived under the proviso to Rule 7C. ST-3 is filed half-yearly by persons liable to service tax and by Input Service Distributors, with due dates for April-September and October-March specified. Late fees escalate from an initial small fixed amount to a higher fixed charge and then a per-day charge subject to an overall cap, and authorities may waive fees where delay is shown to be genuine. (AI Summary)