https://www.taxtmi.com/forum/issue?id=4853 Service tax penalties for delayed filing are portrayed as disproportionate and punitive, applying even to nil returns and exposing taxpayers, including closed businesses, to substantial liability. The penalty regime grants broad discretion over waivers, placing taxpayers at the mercy of authorities and functioning as a revenue-generating mechanism. Commentators urge trade and industry bodies to pursue collective representation for statutory or administrative reform to mitigate these enforcement-driven compliance burdens. en-us Thu, 25 Oct 2012 23:38:53 +0530 Thu, 23 Jan 2025 15:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4853 Service tax penalties for delayed filing are portrayed as disproportionate and punitive, applying even to nil returns and exposing taxpayers, including closed businesses, to substantial liability. The penalty regime grants broad discretion over waivers, placing taxpayers at the mercy of authorities and functioning as a revenue-generating mechanism. Commentators urge trade and industry bodies to pursue collective representation for statutory or administrative reform to mitigate these enforcement-driven compliance burdens. Discussion-Forum Service Tax Thu, 25 Oct 2012 23:38:53 +0530 https://www.taxtmi.com/forum/issue?id=4853