Penalty for delay in filing Service Tax Return
Dear all,
Plz solve my query.
Due date of filing return of Service tax is 25th October 2010, but there was delay made in filing of this return, thus return will be filed on 15th day of June 2011. now a want to ask whether penalty levied at Rs. 2000 or new penalty 20,000. whether period of return is matter of penalty or filing date is the matter?
Penalty for Late Service Tax Return Filing Set at Rs. 2,000 Based on Due Date, Not Filing Date A query was raised regarding the penalty for delayed filing of a service tax return, initially due on October 25, 2010, but filed on June 15, 2011. The inquirer asked whether the penalty would be Rs. 2,000 or Rs. 20,000, questioning if the penalty is determined by the return period or the filing date. One response clarified that the penalty is based on the due date, confirming a Rs. 2,000 penalty. Another participant inquired about penalties for filing returns in July 2011 for multiple periods, questioning whether the penalty would be Rs. 60,000 or Rs. 6,000. (AI Summary)
Service Tax
TaxTMI 
TaxTMI 
TaxTMI 
