Effective date of interest/penalty - Late filing of service tax return

[Asked by Guest]

Reference of section and rule sought for and circular ref and effective date for imposition of interest/penalty of Rs 500 etc. for delay in filing Service tax return

[Surender Gupta]

For lete of filing of service tax - see rule 7C of Service Tax Rules, 1994

AI Summary

Late filing penalty for service tax returns linked to Rule 7C prescribing interest and penalty for delays.
Late filing of service tax returns attracts prescribed interest and penalty consequences under the Service Tax regulatory framework, governed by Rule 7C of the Service Tax Rules, 1994, which addresses interest for delayed payment and imposition of a penalty for late submission.