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RECOVERY OF SERVICE TAX WITHOUT SCN

Service Tax - By: - Dr. Sanjiv Agarwal - Dated:- 6-5-2015 - Amendments made by Finance Bill, 2015 (w.e.f. enactment date) Finance Bill, 2015 has made the following two changes in the provision of section 73 - New sub-section (1A) enabling recovery of self assessed and returned u/s 70 Service Tax payable but not so paid, as per section 87 of the Finance Act, 1994; and Omission of sub-section (4A) which provided for non-issuance of Show Cause Notice (SCN) where true and complete details of non-p .....

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ice of any notice under sub-section (1), and omit sub-section (4A). As a consequence, Rule 6 (6A) which provided for recovery of service tax self-assessed and declared in the return under section 87 has been omitted consequent to the amendment in section 73 for enabling such recovery. This change will come into effect from the date of enactment of the Finance Bill, 2015 In terms of new sub-section (1B) of section 73 and omission of Rule 6(6A), the following impact would be there - Sub-section .....

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