late fee for delayed filing of ST-3 returns.

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....ate fee for delayed filing of ST-3 returns.<br> Query (Issue) Started By: - IMMANUEL NEIHSIAL Dated:- 22-11-2018 Last Reply Date:- 22-11-2018 Service Tax<br>Got 2 Replies<br>Service Tax<br>Respected Sir, please make a calculation for late fee for delayed filing of ST-3 for 43 days for the period from October to March for the financial year 2012-13. for delays of beyond 30 days. Rule 7(c) provide....

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....s that Where the return prescribed under rule 7 is furnished after the date prescribed for submission of such return, the person liable to furnish the said return shall pay to the credit of the Central Government, for the period of delay of- (i) fifteen days from the date prescribed for submission of such return, an amount of five hundred rupees; (ii) beyond fifteen days but not later than th....

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....irty days from the date prescribed for submission of such return, an amount of one thousand rupees; and (iii) beyond thirty days from the date prescribed for submission of such return an amount of one thousand rupees plus one hundred rupees for every day from the thirty first day till the date of furnishing the said return: Provided that the total amount payable in terms of this rule, for dela....

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....yed submission of return, shall not exceed the amount specified in section 70 of the Act: Provided further that where the assessee has paid the amount as prescribed under this rule for delayed submission of return, the proceedings, if any, in respect of such delayed submission of return shall be deemed to be concluded. The pertinent point is (iii) . To my view- 1000+ 13 days=1000+1300=Rs.2300/-....

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.... Please correct me if i am wrong. thank you sir. Reply By KASTURI SETHI: The Reply: Your calculation of late fee is correct. Reply By DR.MARIAPPAN GOVINDARAJAN: The Reply: Your calculation is correct.<br> Discussion Forum - Knowledge Sharing ....