TMI Blogwhy the ST penalties are so harshX X X X Extracts X X X X X X X X Extracts X X X X ..... penalty for delay in filing returns of ST is huge and unlike income tax returns even in case of nil returns also. at the mercy of the authorities only, the penalty can be waived. why industry ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is not representing this matter? - Reply By Seetharaman K C - The Reply = Your question is a valid one. In fact I have come accross cases where people who have closed the business have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ended up paying these sums as penalty for non submission of returns. Maybe we could all take up this point wit our respective Industry Chambers of Commerce and also through TMI for some relief in th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e next Budget, - Reply By Pradeep Khatri - The Reply = The Central Government knows that the service providers and the persons liable to pay the tax cannot be 100% compliant, specially in tax matter ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Such non compliance provides oppurtunity to impose hefty penalties. It is some sort of generatiom of revenue. Trade and Industry should take up such matters before appropriate Government and thr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ough Assocham and FICCI. - why the ST penalties are so harsh - Query Started By: - MANDAVILLI RAMAKRISHNA Dated:- 25-10-2012 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
