Proviso to section 73 1 of finance act 1994

Author: tipb

August undefined, 2024

Webb22 apr. 2024 · Section 73 (1) of Chapter V of Finance Act 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or … Webb12 maj 2024 · In terms of section 73 of Finance Act, 1994, the demand can be raised within five years by invoking the extended period of limitation. Admittedly, in this case in hand, the show cause notice dated 6.4.2024 was issued for the period 1.7.2012 to 31.3.2013 which is beyond the period of five years for the said demand.

The Commissioner of Service Tax, Chennai v Vijay Television (P) …

Webb11 aug. 2024 · The proviso to section 73(1) of the Finance Act stipulates that where any service tax has not been levied or paid by reason of fraud or collusion or wilful mis … Webb(1) the provisions of this section shall also apply to cases in which the order determining the service tax under sub-section (2) of section 73 relates to notices issued prior to the … game obile studio cult of lamb t6bsygi5wr8

SHOW CAUSE NOTICE UNDER SERVICE TAX PROVISIONS

Webb2 ST/51555/2024 extended period of limitation contemplated under the proviso to section 73 (1) of the Finance Act 19943 with penalty and interest. 2. The appellant is engaged in running food ... WebbSection 73(3): Where any Service Tax has not been levied or paid or has been short levied or short paid or erroneously refunded, the person chargeable with the Service Tax, or the person to whom such tax refund has erroneously been made, may pay the amount of such Service Tax, chargeable or erroneously refunded, on the basis of his own … Webb16 maj 2016 · Section 73(1) of the Finance Act, 1994 (‘Act’ for short) provides that where any service tax has not been levied or paid or has been short-levied or short-paid or … black flare jeans cropped

OMEGA ELEVATORS v. SERVICE TAX AHMEDABAD CESTAT

BENEFIT OF SECTION 80 OF FINANCE ACT, 1994 IS NOT …

Webb22 juli 2024 · Section 73 and 74 of GST laws provide that the relevant date considered for calculation limitation period to issue show cause notice is the due date for furnishing of … Webb9 okt. 2004 · 1 [Provided further that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during … game o and xWebb“Telecommunication and Legal Consultancy Service” etc., under the Finance Act, 1994 (hereafter “the Act”). Following an audit of the records by the revenue’s ... the proviso to Section 73 (1) read with Section 66A of the Act, proposing to demand service tax for the extended period. The assessee resisted these notices, ... game n watch super mario bros

"WebbSection 166.201, F.S., created by s. 1, Ch. 73-129, Laws of Florida (the Municipal Home Rule Powers Act ), provides: A municipality may raise, by taxation and licenses authorized by the constitution or general law, or by user charges or fees authorized by ordinance, amounts of money which are necessary for the conduct of municipal government and … " - Proviso to section 73 1 of finance act 1994

Proviso to section 73 1 of finance act 1994

Webb9 sep. 2024 · The extended period can only be invoked in terms of proviso to Section 73 (1) of Finance Act, 1994 i.e. only in the cases where ingredients of fraud, collusion, willful mis-statement, suppression of … Webb17 juni 2015 · ( i) the date of service of notice under the proviso to sub-section ( 1) of section 73, the penalty payable shall be fifteen percent of such service tax and …

Did you know?

Webb(1) Every person liable to pay the service tax under this chapter or the rules made there under shall, within such time and in such manner and in such form as may be prescribed, make an application for registration to the Superintendent of Central Excise. Webb10 okt. 2024 · The Bench further held that the issuance of the Demand-cum-Show Cause Notice dated 31.12.2024 was exercised by the authority according to the statutory power conferred upon the respondent authorities under Section 73 of the Finance Act of 1994 and the issuance of the said show cause notice was with jurisdiction.

WebbAs penal provisions of Section 78 of the Finance Act, 1994 and Section 1 IAC of the Central Excise Act, 1944 are pari materia, the ratio of the decision of the Apex Court is squarely applicable to service tax also. 10.2 In light of the above discussion in Order-in-Original No. AHM-EXCUS-001-COM-008- 19-20 dated 28.5.2024, it is crystal clear that … WebbIn one situation, Section 73 (1A) of the Finance Act, 1994 (which proviso is no more in the statute book today) is invoked in the show-cause notice and the noticee pays Service Tax with interest thereon along with penalty equal to 25% of the Service Tax within 30 days of receipt of the notice.

Webb9 sep. 2024 · The extended period can only be invoked in terms of proviso to Section 73 (1) of Finance Act, 1994 i.e. only in the cases where ingredients of fraud, collusion, willful mis-statement, suppression of facts etc. with an intent to evade tax are present. Webb(a) service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded and no notice has been served under sub-section (1) of section 73 or under the proviso thereto, before the date on which the Finance Bill, 2015 receives the assent of the President; or

Webb22 aug. 2024 · In case after care we find the provisions of extended period under proviso to Section 73(1) of the Finance Act, 1994 and provision to Section 11A(1) of Central Excise Act, 1944, together with penal provisions of Section 11AC of Central Excise Act, 1944/Section 78 of Finance Act, 1994 being invoked in a most casual manner by making …

Webbshall not service any notice under Section 73(1) of the Finance Act, 1994, ‘in respect’ of the duty and interest amount so paid and all the proceedings are concluded. ... However, this proviso has been deleted with effect from 08.04.2011 : Recovery of Tax • gameo authorWebb(i). the date of service of notice under the proviso to sub-section (1) of section 73, the penalty payable shall be fifteen percent of such service tax and proceedings in respect of such service tax, interest and penalty shall be deemed to be concluded. black flare leather pantsWebb20 feb. 2011 · Sec. 73(2) further provided that where such person has paid the service tax in full together with interest and penalty under sub-section (1A), the proceedings in … gameobject activeWebb2 aug. 2014 · Section 73(1) of the Finance Act, 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously … game obduction reviewWebbthe Act read with Rule 2(1)(d) of the Service Tax Rules, 1994.] 3. Under what authority service tax is levied? Vide Entry 97 of Schedule VII of the Constitution of India, the Central Government levies service tax through Chapter V of the Finance Act, 1994. The taxable services are defined in Section 65 of the Finance Act, 1994. gameobject add childWebbChapter V of Finance Act, 1994. 73. 1Recovery of service tax not levied or paid or short-levied or short-paid or erroneously refunded. (1) Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the 2 [Central … black flare leg dress pantsWebbSection 73(1) of the Finance Act, 1993 is set out hereinbelow : 1) "Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously … black flare knight yugioh