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Tax paid for period beyond 5 years SCN not issued is interest payable - Service TaxExtract Dear Members, An Individual was required to be registered for service tax but he was not aware of the same. Inquiry was initiated for FY 15-16 and tax was paid but no SCN was issued before 29.04.2021 (so time barred). Now the department officer is seeking interest to be paid and 15% penalty. Is interest/penalty payable in such a case? Section 73(6) (c) states in any other case, the date on which the service tax is to be paid under this Chapter or the rules made thereunder. In our view, Relevant date speaks of 5 years but that cannot be counted from the date of payment and hence SCN cannot be issued. Please do share your views PS: For FY 16-17 onwards the individual has nil turnover and joined employment.
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