https://www.taxtmi.com/article/detailed?id=6754 Service tax assessees must file an annual return by 30 November of the succeeding financial year in a form and manner specified by the Board; the Government may exempt classes of assessees by notification. The amendment allows revision of the annual return within a short period after filing and prescribes a per-day late-filing fee subject to a statutory maximum. Exemption thresholds may be set by reference to quantum of tax paid, and reverse charge payers may warrant special exemption due to the reporting burden. en-us Tue, 22 Mar 2016 08:33:20 +0530 Tue, 22 Mar 2016 08:33:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6754 Service tax assessees must file an annual return by 30 November of the succeeding financial year in a form and manner specified by the Board; the Government may exempt classes of assessees by notification. The amendment allows revision of the annual return within a short period after filing and prescribes a per-day late-filing fee subject to a statutory maximum. Exemption thresholds may be set by reference to quantum of tax paid, and reverse charge payers may warrant special exemption due to the reporting burden. Articles Service Tax Tue, 22 Mar 2016 08:33:20 +0530 https://www.taxtmi.com/article/detailed?id=6754