NIL Service Tax Return late filling penalty

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Section 70 of Finance Act, 1994 reading with Rule 7 of Service Tax Rules, 1994 mandates every service tax payer to file half yearly return within 25 days. If the return is not filed within the time specified then following amount of penalty is levied:

Day wise default criteria	Penalty Amount (Rs.)
< 15 days	500 Rs. per day
> 15 days but < 30 days	1000 Rs. per day
> 30 days	1000 Rs. fix plus Rs. 100 per day or Rs. 20,000/- maximum

The same provisions apply for NIL returns i.e. where service has not been provided or received and no service tax has been collected or paid.