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TMI BlogPeanlty Rs.20000 applicable to old ST returns submitted now?X X X X Extracts X X X X X X X X Extracts X X X X ..... Can any body clarify that wheather the maximum penalty (which is increased from Rs.2000 to Rs.20000) is applicable to the returns submitted now, however pertaining to period prior to 31/03/2011? - Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply By pradeep khatri - The Reply = Please be specific about your query that it pertains to which law /state i.e. Sales Tax, Service Tax etc. - Reply By Prakash Bhandari - The Reply = service ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x - Reply By pradeep khatri - The Reply = It is applicable from 01-04-2011. - Reply By Prakash Bhandari - The Reply = Precisely it is applicable from 07/04/2011. However my question was whether Ser ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vice Tax return pertaining to period prior to 31/03/2011 would attract penalty of Rs. 20000 upon late filing. - Reply By KASTURI SETHI - The Reply = UPDATION Section 70 of the Finance Act w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as amended w.e.f.8.4.2011(date of enactment) and not from 7.4.201 1. Hence applicable from 8.4.2011 and not retrospectively. - Peanlty Rs.20000 applicable to old ST returns submitted now? - Quer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Started By: - Prakash Bhandari Dated:- 26-4-2011 Service Tax - Got 5 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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
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