(F) in section 77, in sub-section (1), for clause (a), the following clause shall be substituted, namely:—
“(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;”;
Notes on Clauses:
Sub-clause (F) seeks to amend clause (a) of sub-section (1) of section 77, to restrict the maximum penalty for failure to take registration, to rupees ten thousand.
