https://www.taxtmi.com/forum/issue?id=3340 Late filing of service tax returns attracts graded late fees under Section 70 and Rule 7C: fixed amounts apply for initial delay intervals and a per-day charge applies for continued default, all subject to a statutory maximum. The maximum was increased effective from the law change, and penalties for returns spanning the amendment must be computed by applying pre-amendment charges for days before the change and post-amendment charges thereafter, aggregating amounts up to the statutory ceiling. en-us Wed, 31 Aug 2011 13:21:03 +0530 Thu, 23 Jan 2025 15:58:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3340 Late filing of service tax returns attracts graded late fees under Section 70 and Rule 7C: fixed amounts apply for initial delay intervals and a per-day charge applies for continued default, all subject to a statutory maximum. The maximum was increased effective from the law change, and penalties for returns spanning the amendment must be computed by applying pre-amendment charges for days before the change and post-amendment charges thereafter, aggregating amounts up to the statutory ceiling. Discussion-Forum Service Tax Wed, 31 Aug 2011 13:21:03 +0530 https://www.taxtmi.com/forum/issue?id=3340