Proviso to section 73 1 of finance act 1994

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August undefined, 2024

Webb[ Please Refer: Proviso to Section 78, Finance Act, 1994. ] E.g. If Service Tax determined u/s 73 (2) by Central Excise Officer is Rs. 1,00,000/- on 01-01-2009 and all the three i.e. Service Tax, Interest and Penalty (Reduced Amount) is paid within 30 days then penalty would be Rs. 25,000/- Penalty Increases/Reduces in further appeal: Webb9 okt. 2004 · 1 [Provided further that in the case of a service provider, whose value of taxable services provided in a financial year does not exceed sixty lakh rupees during …

SECTION 72 AND SECTION 73 OF CHAPTER V OF …

Webb11 aug. 2024 · The proviso to section 73(1) of the Finance Act stipulates that where any service tax has not been levied or paid by reason of fraud or collusion or wilful mis … WebbSection 73(3): Where any Service Tax has not been levied or paid or has been short levied or short paid or erroneously refunded, the person chargeable with the Service Tax, or the person to whom such tax refund has erroneously been made, may pay the amount of such Service Tax, chargeable or erroneously refunded, on the basis of his own … suzuki dr 650 rs 1991 service manual

Service Tax : Section 73, 73A, 73B, 73C and 73D - Karvitt

WebbSection 166.201, F.S., created by s. 1, Ch. 73-129, Laws of Florida (the Municipal Home Rule Powers Act ), provides: A municipality may raise, by taxation and licenses authorized by the constitution or general law, or by user charges or fees authorized by ordinance, amounts of money which are necessary for the conduct of municipal government and … Webb4 apr. 2024 · Learned Chartered Accountant also contends that the demand is time-barred as the ingredients in proviso to section 73 (1) of Finance Act, 1994 cannot be said to co-exist with pendency of the dispute before various fora till final rendering was handed down by the Honble Supreme Court in re Larsen & Toubro Ltd. 3 P a g e S T / 1 0 9 / 2 0 0 9 - D B Webb22 aug. 2024 · In case after care we find the provisions of extended period under proviso to Section 73(1) of the Finance Act, 1994 and provision to Section 11A(1) of Central Excise Act, 1944, together with penal provisions of Section 11AC of Central Excise Act, 1944/Section 78 of Finance Act, 1994 being invoked in a most casual manner by making … suzuki dr 650 rse 1992 specs

Section 73 service tax act Indian Case Law Law CaseMine

SERVICE TAX ACT, 1994 - West Bengal

Webb12 maj 2024 · In terms of section 73 of Finance Act, 1994, the demand can be raised within five years by invoking the extended period of limitation. Admittedly, in this case in hand, the show cause notice dated 6.4.2024 was issued for the period 1.7.2012 to 31.3.2013 which is beyond the period of five years for the said demand. WebbThe Commissioner, thereafter, by order dated May 16, 2013, confirmed the demand of service tax by invoking the extended period of limitation contemplated under the proviso to section 73 (1) of the Finance Act. 11. The aforesaid reference was answered by the Larger Bench of the Tribunal by order dated March 18, 2024. 12. suzuki dr650rseWebbthe Act read with Rule 2(1)(d) of the Service Tax Rules, 1994.] 3. Under what authority service tax is levied? Vide Entry 97 of Schedule VII of the Constitution of India, the Central Government levies service tax through Chapter V of the Finance Act, 1994. The taxable services are defined in Section 65 of the Finance Act, 1994. suzuki dr 650 rse 1991

"Webb(1) Every person liable to pay the service tax under this chapter or the rules made there under shall, within such time and in such manner and in such form as may be prescribed, make an application for registration to the Superintendent of Central Excise. " - Proviso to section 73 1 of finance act 1994

Proviso to section 73 1 of finance act 1994

CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL NEW …

Webb16 maj 2016 · Section 73(1) of the Finance Act, 1994 (‘Act’ for short) provides that where any service tax has not been levied or paid or has been short-levied or short-paid or … Webb13 mars 2024 · But the proviso carves out an exception and permits the authority to exercise this power within five years from the relevant date in the circumstances …

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Webb2 aug. 2014 · Section 73 (1) of the Finance Act, 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the Central Excise Officer may, within eighteen months (before 28.05.2012, one year) from the relevant date, serve notice on the person chargeable with the service tax which has … Webb19 mars 2015 · The first respondent submitted reply to the show cause notice and thereafter, adjudication order was passed confirming the entire demand and the proviso to Section 73 (1) of the Finance Act was also invoked. The operative portion of the adjudication order reads as under: '21.

Webb21 aug. 2024 · Extended Time Limit under proviso to Section 73 (1) of Finance Act can be invoked, if there is positive act of Assessee to conceal anything from Department: …

Webb2 aug. 2014 · Section 73(1) of the Finance Act, 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously … Webb(1) the provisions of this section shall also apply to cases in which the order determining the service tax under sub-section (2) of section 73 relates to notices issued prior to the …

WebbIn one situation, Section 73 (1A) of the Finance Act, 1994 (which proviso is no more in the statute book today) is invoked in the show-cause notice and the noticee pays Service Tax with interest thereon along with penalty equal to 25% of the Service Tax within 30 days of receipt of the notice.

WebbAs penal provisions of Section 78 of the Finance Act, 1994 and Section 1 IAC of the Central Excise Act, 1944 are pari materia, the ratio of the decision of the Apex Court is squarely applicable to service tax also. 10.2 In light of the above discussion in Order-in-Original No. AHM-EXCUS-001-COM-008- 19-20 dated 28.5.2024, it is crystal clear that … barkanWebbSection 73(1) of the Finance Act, 1993 is set out hereinbelow : 1) "Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously … suzuki dr 650 rse 1994Webbshall not service any notice under Section 73(1) of the Finance Act, 1994, ‘in respect’ of the duty and interest amount so paid and all the proceedings are concluded. ... However, this proviso has been deleted with effect from 08.04.2011 : Recovery of Tax • suzuki dr 650 rse 1994 specsWebb22 juli 2024 · Section 73 and 74 of GST laws provide that the relevant date considered for calculation limitation period to issue show cause notice is the due date for furnishing of … barkan 21hWebb19 juli 2024 · In addition, a...penalty of equivalent amount of Rs. 1,61,53,949/- has also been imposed under Section 78(1) of the Finance Act, 1994 read with Section 174(2) of the CGST Act, 2024. Two ... proviso to Section 73(2) of the Finance Act, 1994 read with Section 174 of CGST Act, 2024; iii) I order the payment of Late fee amount to Rs.2,00 ... suzuki dr 650 rse 1995 specsWebb“Telecommunication and Legal Consultancy Service” etc., under the Finance Act, 1994 (hereafter “the Act”). Following an audit of the records by the revenue’s ... the proviso to Section 73 (1) read with Section 66A of the Act, proposing to demand service tax for the extended period. The assessee resisted these notices, ... suzuki dr 650 rse 1991 specsWebb17 juni 2015 · ( i) the date of service of notice under the proviso to sub-section ( 1) of section 73, the penalty payable shall be fifteen percent of such service tax and … suzuki dr 650 rse 1993 specs