https://www.taxtmi.com/article/detailed?id=5901 Rule 7C establishes a prescribed late fee mechanism for belated service tax returns: tiered fees tied to the period of delay, discretionary reduction or waiver where gross service tax payable is nil, and an elective payment option by the assessee which, when paid, concludes penal proceedings for delayed submission. The scheme fixes amounts for delay bands without allowing discretion to increase them, and amended rules also extend the period for filing a revised return to correct mistakes or omissions. en-us Sat, 08 Nov 2014 06:10:08 +0530 Sat, 08 Nov 2014 06:10:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5901 Rule 7C establishes a prescribed late fee mechanism for belated service tax returns: tiered fees tied to the period of delay, discretionary reduction or waiver where gross service tax payable is nil, and an elective payment option by the assessee which, when paid, concludes penal proceedings for delayed submission. The scheme fixes amounts for delay bands without allowing discretion to increase them, and amended rules also extend the period for filing a revised return to correct mistakes or omissions. Articles Service Tax Sat, 08 Nov 2014 06:10:08 +0530 https://www.taxtmi.com/article/detailed?id=5901