Rule 7C of Service Tax Rules, 1994 provides for penalty for delay in filing of service tax return. Accordingly, the amount of late fee if delay is beyond 15 days and upto 30 days will be —

CS Executive · Tax Laws and Practice · PYQS · December 2014
Rule 7C of Service Tax Rules, 1994 provides for penalty for delay in filing of service tax return. Accordingly, the amount of late fee if delay is beyond 15 days and upto 30 days will be —
(A) ₹500
(B) ₹1,000
(C) ₹2,000
(D) ₹5,000.

Answer & Explanation:

Correct Answer: Option (B)

Correct answer: (B) ₹1,000. This answer applies to the historical law and assessment-year context of this December 2014 paper; later amendments may differ.

Topics: Service Tax

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