PENALTY FOR LATE FILING OF ST RETURNS

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... PENALTY FOR LATE FILING OF ST RETURNS
Query (Issue) Started By: - MANDAVILLI RAMAKRISHNA Dated:- 25-10-2012 Last Reply Date:- 26-10-2012 Service Tax
Got 1 Reply
Service Tax
Dear all, how .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... much penalty to be paid for the delay in filing ST returns of 2010? Reply By Seetharaman K C: The Reply: With effect from 08-04-2011 the penalty has been increased from the earlier maximum amount .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of Rs 2000 to Rs 20000. Please refer to Section 70 of Chapter V of the Finance Act, 1994. This revision is prospective in nature and therefore for the year 2010 the older provision would apply and the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... penalty chatgeable should be Rs 2000 only
Discussion Forum - Knowledge Sharing .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X