Please Help: SERVICE TAX
Posted Date : 14-Dec-2013 , 06:46:03 pm | Posted By: SAURABH GHAI
Category :
Service Tax | Answers :
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Comments :
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If assesee files ST-3 of FY 2010-2011 today then penalty for late filing of return would be applicable as per FY 2010-2011 rules or present rules???? |
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| Posted By : Adil Malik |
18-Dec-2013, 04:59:15 |
| Section 70(1) Specify the maximum Penalty of Rs. 2,000/- in respect of return filed up to 31st March 2011. This amount of Maximum Penalty is been increased to Rs. 20,000/- (Twenty Thousand only) w.e.f. 01.04.2011.Hence 20000/- Penalty is applicable |
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| Posted By : ANUJ GUPTA |
18-Dec-2013, 04:41:04 |
| u r governed by the provision of respective year i.e f.y 2010-2011 but u can claim the benefit of VCES by which u can get rid of penalty. |
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