|
Home
Forgot password New User/ Regiser Register to get Live Demo
Payment of Service Tax by the Department of Posts and Ministry of Railways by way of book adjustment - Service Tax - 240137/20/2022Extract ..... ment-reg. Please refer to above subject. As you are aware, Board had earlier noted that the practice of payment of Service tax by way of book adjustment adopted by the Department of Posts and the Ministry of Railways was leading to incorrect accounting and reporting as the tax payments could not be reconciled by the field units of CBIC, Book adjustment practice was also unable to provide a service wise, jurisdiction wise segregation of Service tax dues and was posing difficulties in conduct of a ..... x x x x x Extracts x x x x x Payment of Service Tax by the Department of Posts and Ministry of Railways by way of book adjustment - Service Tax x x x x x Extracts x x x x x ..... tices in field in accepting hook adjustment as a valid mode of payment. The show cause notices issued to demand the Service Tax/Central Excise duty by some field formations are at different levels of adjudication. A reference in this regard has also been received from the Ministry of Railways in which the demands have been confirmed. 4. Board has examined the issue. While there has been no change in the legal position of the method of duty payment, Board has taken note of the difficulties in rev ..... x x x x x Extracts x x x x x Payment of Service Tax by the Department of Posts and Ministry of Railways by way of book adjustment - Service Tax x x x x x Extracts x x x x x ..... yment made through book adjustment. The remand directions include that in the said remand proceedings, the authorities shall verify with regard to the quantification and supporting documents. On similar lines, a few other judgements have also been passed by Tribunal. 6. Considering the above position in totality with a view to reduce litigation, Board directs that in all cases pending adjudication in respect of Department of Posts and Ministry of Railways, where the duty/tax has been demanded on ..... x x x x x Extracts x x x x x Payment of Service Tax by the Department of Posts and Ministry of Railways by way of book adjustment - Service Tax x x x x x Extracts x x x x x
|
