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Q. > Please Help: SERVICE TAX
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372 views • Question added May 15, 2012 • Service Tax • By bipin , CA , bhayander


If service tax registration was done in 2008 and no returns are filed due to nil returns, now for filling returns penalty is payable? how much. is there change of weaver

2 Answers

answered May 16, 2012 by Ashish Chaudhary , Jaipur

Upto FY 2010-11, penalty was Rs. 2000. From FY 2011-12 Penalty as per following slab
(i) Rs. 500 for 15 days delay
(ii) Rs. 1000 for next 15 days
(iii) Thereafter Rs. 100 per day
Subject to maximum of Rs. 20,000
Penalty may be waived if Income is Nil.


answered May 18, 2012 by Rishabh Upadhyay , Chandigarh

there is no provision fro waiver of penalty. Discretionary rights of ccommissioner apply


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