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Statutory Provisions

Home Acts & Rules Bill Bills FINANCE BILL, 2013 Chapters List Chapter V SERVICE TAX This

Clause 93(E) - Amendment of Section 73 - FINANCE BILL, 2013

FINANCE BILL, 2013
Chapter V
SERVICE TAX
  • Contents

(E) in section 73, after sub-section (2), the following sub-section shall be inserted, namely:-

     “(2A) Where any appellate authority or tribunal or court concludes that the notice issued under the proviso to sub-section (1) is not sustainable for the reason that the charge of,—

          (a) fraud; or

          (b) collusion; or

          (c) wilful misstatement; or

          (d) suppression of facts; or

          (e) contravention of any of the provisions of this Chapter or the rules made thereunder with intent to evade payment of service tax, has not been established against the person chargeable with the service tax, to whom the notice was issued, the Central Excise Officer shall determine the service tax payable by such person for the period of eighteen months, as if the notice was issued for the offences for which limitation of eighteen months applies under sub-section (1).”;

 



 

Notes on Clauses:

Sub-clause (E) seeks to insert a new sub-section (2A) in section 73 with a view to save the notices issued for extended period under the proviso to sub-section (1), in cases where any appellate authority or tribunal or court decides that such notices are not sustainable on the grounds specified therein. Such notices shall be deemed to have been issued under sub-section (1) for invoking normal limitation.

 
 
 
 

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