Finance Act (Service Tax) 1994
177. Penalty for contravention of rules and provisions of Act for which no penalty is specified elsewhere.- (1) Any person,—
3[(a) who is liable to pay service tax or required to take registration, fails to take registration in accordance with the provisions of section 69 or rules made under this Chapter shall be liable to a penalty which may extend to ten thousand rupees]
NOTE: Quantum of Penalty under clause (a) of subsection 1 of this section
|
Penalty |
Date From |
Date upto |
|
may extend to
Rs.1000/- |
|
10/05/2008 |
|
|
|
08/04/2011 |
| may extend to Rs.10000/- or Rs.200/- per day whicever is Higher | 08/04/2011 | 10/05/2013 |
| Rs.10000/- | 10/05/2013 | Till date |
old[(a) who is liable to pay service tax, or required to take registration, fails to take registration in accordance with the provisions of section 69 or rules made under this Chapter shall be liable to pay a penalty which may extend to 2[ten thousand rupees] (old) [five thousand rupees]] or two hundred rupees for every day during which such failure continues, whichever is higher, starting with the first day after the due date, till the date of actual compliance;]
(b) who fails to keep, maintain or retain books of account and other documents as required in accordance with the provisions of this Chapter or the rules made thereunder, shall be liable to a penalty which may extend to 2[ten thousand rupees] (old) [ five thousand rupees];
NOTE: Quantum of Penalty under clause (b) of subsection 1 of this section
|
Penalty |
Date From |
Date upto |
|
may extend to
Rs.1000/- |
|
10/05/2008 |
|
|
|
08/04/2011 |
| may extend to Rs.10000/- | 08/04/2011 | Till Date |
(c) who fails to—
(i) furnish information called by an officer in accordance with the provisions of this Chapter or rules made thereunder; or
(ii) produce documents called for by a Central Excise Officer in accordance with the provisions of this Chapter or rules made thereunder; or
(iii) appear before the Central Excise Officer, when issued with a summon for appearance to give evidence or to produce a document in an inquiry, shall be liable to a penalty which may extend to 2[ten thousand rupees] (old) [ five thousand rupees] or two hundred rupees for every day during which such failure continues, whichever is higher, starting with the first day after the due date, till the date of actual compliance;
NOTE: Quantum of Penalty under clause (c) of subsection 1 of this section
|
Penalty |
Date From |
Date upto |
|
may extend to
Rs.1000/- |
|
10/05/2008 |
|
|
|
08/04/2011 |
| may extend to Rs.10000/- or Rs.200/- per day whicever is Higher | 08/04/2011 | Till Date |
(d) who is required to pay tax electronically, through internet banking, fails to pay the tax electronically, shall be liable to a penalty which may extend to 2[ten thousand rupees] (old) [ five thousand rupees];
(e) who issues invoice in accordance with the provisions of the Act or rules made thereunder, with incorrect or incomplete details or fails to account for an invoice in his books of account, shall be liable to a penalty which may extend to 2[ten thousand rupees] (old) [ five thousand rupees].
NOTE: Quantum of Penalty under clause (d) and (e) of subsection 1 of this section
|
Penalty |
Date From |
Date upto |
|
may extend to
Rs.1000/- |
|
10/05/2008 |
|
|
|
08/04/2011 |
| may extend to Rs.10000/- | 08/04/2011 | Till Date |
(2) Any person, who contravenes any of the provisions of this Chapter or any rules made thereunder for which no penalty is separately provided in this Chapter, shall be liable to a penalty which may extend to 2[ten thousand rupees] (old) [ five thousand rupees].
NOTE: Quantum of Penalty under subsection 2 of this section
|
Penalty |
Date From |
Date upto |
|
may extend to
Rs.1000/- |
|
10/05/2008 |
|
|
|
08/04/2011 |
| may extend to Rs.10000/- | 08/04/2011 | Till Date |
1. Substituted vide Chapter V of the Finance Act 2008-09 w.e.f. enactment of Finance Bill
2. Substituted vide Chapter V of Finance Act, 2011-12
3. Substituted vide Chapter V of Finance Act 2013-14
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