Dear Sir / Madam,
i have a franchisee in 2004-2005 but in 2005 i have closed my franchisee now today i have received a letter from central excise that your have not fillup half yearly online return for 2011-12 what can i do in this.
i have lost all my documents including that service tax license copy presently i have only the full and final letter of the company that i have wind-up my business.
pleae advice me what can i do in this.
Thanks in advance.
Regards,
Amit
Franchisee Faces Penalty for Unfiled Service Tax Returns; Seeks Advice on Closure Confirmation and Meeting with Officials An individual closed their franchise business in 2005 and lost the service tax license copy. They recently received a letter from central excise regarding unfiled half-yearly online returns for 2011-12. The individual only has a letter confirming the business closure and seeks advice on how to proceed. One response suggests a potential penalty of 40,000 INR per year for not filing a nil service tax return, while another advises discussing the issue with the jurisdictional Commissioner or Deputy Commissioner to demonstrate good faith. (AI Summary)