NON SUBMITTED S.T-3 RETURN FROM OCT-07 TO MAR-11

[yogesh mahajan]

Dear All,

               Please help me as per mention tital. I have submitted ST-3 return for GTA & business auxullary for the f.y-2007-08 in 1st half year returns and then oct-07 to march-11 this period s.t-3 returns of both services not submitted to department & not paid paybale service tax. I want to submitted this period s.t-3 returns & payment of both services. So please tell me how much penalties i will pay to the department & any legal action taken to department on my factory.

 

Thanks & Regards

Yogesh

 

AI Summary

Discussion on Penalties for Late ST-3 Returns: New Max Penalty Rs. 20,000, Interest 13%, Calculations Unclear An individual sought advice on submitting overdue ST-3 returns for the period from October 2007 to March 2011 and the associated penalties. A respondent outlined potential penalties, including a maximum of Rs. 2000 per delayed return, interest at 13% for unpaid service tax, and a penalty equal to the tax evaded. Another contributor noted recent changes increasing the maximum penalty for late filing to Rs. 20,000 but highlighted uncertainty regarding the calculation of penalties for specific periods. The discussion emphasized the need for clarity on penalty calculations under the new provisions.