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Penatly on Late filling of Service Tax

Service Tax - Started By: - Sarfraz Khan - Dated:- 15-10-2015 Last Replied Date:- 21-10-2015 - Dear Sir,I have not filled service tax return I have made payment of Service tax with Interest.and My question isDo I need to pay Penalty a part from Inter .....

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make the penalty also confirm do I need to pay penalty for late filling 12%+2%+1% =12.36 or can I pay directly ₹ 20,000/- Reply By KASTURI SETHI - The Reply = Yes. Penalty for late filing ST-3 return is in addition to interest. Both have separa .....

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7C. AMOUNT TO BE PAID FOR DELAY IN FURNISHING THE PRESCRIBED RETURN 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 .....

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ssion 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 .....

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nt 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: Provided also that where the gross amount of service tax payable is nil, the .....

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ission of return that has been initiated before the date on which the Finance Bill, 2007 receives the assent of the President, shall also be deemed to be concluded if the amount specified for delay in furnishing the return is paid by the assessee wit .....

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est under code 263.Please confirm what would be penalty code for filling of late return. - Reply By KASTURI SETHI - The Reply = Accounting Code for penalty in respect of Clearing & Forwarding Agent Services: 00441306Accounting Code for penalty Tr .....

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