According to the author, the penalty is always imposed for the fiscal year. Currently, the penalty is a maximum of Rs. 20,000/- and therefore all service tax returns filed from 01.04.2011 onwards will also incur this new maximum penalty of Rs.20,000/- for previous tax periods. However, the same should be clarified by departmental circulars. Sir, you give the verdict that helps evaluators who are harassed by the ST authority for non-compliance with the statement. In addition, you also propose the procedure for submitting the service tax number, since Assessee does not provide taxable services and the ministry says that the reason for submitting the ST number must be displayed. Recently, I had a web development project, I work with another company, so I don`t do it every time for other services. Filing a null return is no different than filing a regular income tax return. (i) fifteen days after the prescribed date for making such declaration, an amount equal to five hundred rupees; (ii) more than fifteen days and not later than thirty days after the date prescribed for the declaration, an amount of one thousand rupees; and (iii) more than thirty days from the date prescribed for filing such return, an amount of one thousand rupees plus one hundred rupees for each day from the thirty-first day until the date of submission of such return: if the services tax return was filed in false services taxable for 11-12 2. Semi-annual return My cousin he did not recently submit the Nill Return from the date of registration (19/09/2011 to date) I think Not mandatory to submit NILL Return, but what about the previous year of 2011? 2. Income from JCB rents covered by fixed assets covered by the service tax. The decision will benefit thousands of assessors who are being harassed by the Services Tax Authority for simply failing to complete the «nil»/late completion of ST3 declaration.
Question: Can a person who has paid the service tax for a period of time, but has not filed a tax return, take advantage of the VCES system to avoid paying a penalty for not filing the tax return? Quarterly return for taxable persons paying an excise duty of 1%/2% and not manufacturing other goods Form: EA-8 Provision: Rule 12(1) REC, 2002 I find it not practical to file NIL returns even if the limit has not been exceeded, since we are a very small institution, hence these questions. Note: According to VCES, a declaration can only be made in relation to «tax obligations». A case where no tax is pending but no tax return has been filed does not fall within the scope of the scheme. However, Rule 7C of the Service Tax Code provides for the waiver of penalties in cases where no tax return has been filed and, in such cases, the assessor may appeal under Rule 7C. Dear Sir, I registered for Stax in December 2009 and my business billing started in February 2010 and continues until now, My total income is only less than 3-4 Lakes for 2010-2011 and 5-6 Lakes 2011-12. But I have unconsciously collected the service tax from some businesses and have not filed a tax return so far. Now I am afraid that Rs.20000/- x 4 times will be calculated for half a year 2010-2012??? Or should I pay 2000/- x 4 halves for 2010-2011 and 2012 because it is increased to 20000/- before penalty. Please advise me to get rid of this situation. Thanks in advance.
Section 77 of Sridhar imposes a penalty for failure to file tax returns of up to Rs. 20,000/-. This also applies to all returns. A NIL return is convenient when it comes to a VISA application, as proof of income is also part of the overall application process. For example, it is mandatory to submit declarations submitted within the last three years when applying for a Schengen visa, even if you had no income. Sir, it is clearly stated in the St Act that if your turnover is below the Thershold limit, you do not have to pay the tax on services as well as ST Return Sir, it is very confusing and long topic of discussion, yes, it is the point as a department to know that your turnover is below the taxable limit or zero, This is also a point, if someone has calculated my service tax and I have a service tax registration number, but my turnover does not exceed 10 lakhs. Is it then necessary for my tax return to reflect the amount of service tax I am charged? The Honâble Tribunal ruled that, in accordance with CBEC Circular No. 97/8/2007-ST of 23 August 2007, the service provider is not required to file the service tax return (including the absence of a tax return) for that period.