Penalty for late filing for st3 retun

KALAIKOVAN (Querist) 14 September 2011 This query is : Resolved
ST3 Half yearly Return (Late) is filed before the Notice received from the ST Department

Due date 25/04/2011 - Date of Filing 02/07/2011 - Notice Date 28/07/2011

a) Maximum Penalty amount is 2000 or 20000?

b) ST Officer says that the no. of days delayed should be calculated from Due date to Notice date even though the return is filed before the notice date.

c) In addition to that ST officer aks to pay Penalty Rs 10,000/- u/s 77. Pls advice

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Raj Kumar Makkad (Expert) 14 September 2011
Visit the following link and get your desired reply:

http://www.window.state.tx.us/taxinfo/sales/faq_report.html

A V Vishal (Expert) 14 September 2011

a) Maximum Penalty amount is 2000 or 20000?

Ans, Maximum penalty is Rs 20K as amended by The Finance Act, 2011.

b) ST Officer says that the no. of days delayed should be calculated from Due date to Notice date even though the return is filed before the notice date.

Ans, Not required the penalty runs from the due date to the date of filing and not the notice date.

c) In addition to that ST officer aks to pay Penalty Rs. 10,000/- u/s 77. Pls advice

Contest the penalty.