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Amendment in Sec.76

Service Tax - Started By: - Admin TMI - Dated:- 1-3-2015 Last Replied Date:- 1-3-2015 - Question - what are amendment proposed in Sec.76 in Finance Bill 2015 ? - Reply By Admin TMI - The Reply = Section 76 is being amended to rationalize penalty, in .....

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ent of service tax amount involved in such cases;(ii) no penalty is to be paid if service tax and interest is paid within 30 days of issuance of notice under section 73 (1);(iii) a reduced penalty equal to 25% of the penalty imposed by the Centra .....

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