Proviso to section 73 1 of finance act 1994

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August undefined, 2024

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 … WebbSection 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 …

NEW PENAL PROVISIONS IN SERVICE TAX (PART -2) - Change in …

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: 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. field stripe paint

Clarifying Circulars acts retrospectively: Gauhati High Court

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. 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 … Webb“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, ... field striper machine

REPORTABLE IN THE SUPREME COURT OF INDIA CIVIL …

SECTION 72 AND SECTION 73 OF CHAPTER V OF FINANCE ACT, 1994 I…

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. Webb28 sep. 2024 · The Respondent found that the Appellant had violated the provisions of the Exemption Notifications knowingly for the purpose of evading service tax and, therefore, … field strip fitnessWebbChapter V of Finance Act, 1994. 73. 1Recovery of service tax not levied or paid or short-levied or short-paid or erroneously refunded. (1) Where any service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded, the 2 [Central … greywood construction

"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 … " - Proviso to section 73 1 of finance act 1994

Proviso to section 73 1 of finance act 1994

BENEFIT OF SECTION 80 OF FINANCE ACT, 1994 IS NOT …

WebbChapter V of Finance Act, 1994 Appeals to Appellate Tribunal. 86. (1) 21[Save as otherwise provided herein, an assessee] aggrieved by an order passed by a20[Principal … 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 …

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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 Webb19 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 ...

Webb22 apr. 2024 · Section 73 (1) of Chapter V of Finance Act 1994 provides that where any service tax has not been levied or paid or has been short-levied or short-paid or … 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 …

Webb8 juni 2015 · Section 73 (1) of the Act enables the Central Excise Officer to serve notice on the person chargeable with the service tax within eighteen months from the relevant … 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 …

Webb(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 proceedings in respect of such service tax, interest and penalty shall be deemed to be concluded.

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. grey wood effect dining tableWebbshall 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 • field strip falWebb22 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 … field strip firearmWebb17 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 … grey wood effect sticky back plasticWebb16 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 … field strip g2cWebb2 ST/51555/2024 extended period of limitation contemplated under the proviso to section 73 (1) of the Finance Act 19943 with penalty and interest. 2. The appellant is engaged in running food ... field strip fn 509Webb20 feb. 2011 · Sec. 73(2) further provided that where such person has paid the service tax in full together with interest and penalty under sub-section (1A), the proceedings in … field strip fs84