Penalty for late filing of return.

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..... Penalty for late filing of return.
Query (Issue) Started By: - Praveen Aggarwal Dated:- 6-1-2006 Last Reply Date:- 5-2-2011 Service Tax
Got 3 Replies
Service Tax
What is minimum and maxim .....

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..... um penality for late submission of Half yearly return. Reply By Paramjit: The Reply: Section 77 of Finance Act 2004 provides a general penalty of maximum of Rs.1000/- for any contravention of the Ac .....

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..... t or Rules for which no separate penalty is provided. Reply By S Gupta: The Reply: There is no minimum penalty has been prescribed for such fault. Under section 77 (a residual peanlty) applicable to .....

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..... this query prescribes a maximum penalty of Rs. 1,000 of such failure. Reply By rishi mohan: The Reply: The maximum penalty for late submission of half yearly return is Rs 1,000/-. If it has not bee .....

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..... n late for more than a month then the penalty shall be reduced.
Discussion Forum - Knowledge Sharing .....

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