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Proviso to section 73 1 of finance act 1994

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 … 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

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

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 … 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. boldocynara and nephrosolid https://phoenix820.com

New Penal Provisions in Service Tax (Part-2) - Change in Section 78

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 … Webb10 okt. 2024 · The Bench further held that the issuance of the Demand-cum-Show Cause Notice dated 31.12.2024 was exercised by the authority according to the statutory power conferred upon the respondent authorities under Section 73 of the Finance Act of 1994 and the issuance of the said show cause notice was with jurisdiction. gluten free pudding recipe

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

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

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Proviso to section 73 1 of finance act 1994

CUSTOMS, EXCISE & SERVICE TAX APPELLATE TRIBUNAL NEW …

Webb20 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 … 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 …

Proviso to section 73 1 of finance act 1994

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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:

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. 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.

Webb(a) service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded and no notice has been served under sub-section (1) of section 73 … 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.

Webbshall 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 •

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. gluten free protein powder vitamin shoppeWebb9 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 … bold ocf strainWebb“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, ... bold odonahue chordsWebb(a) service tax has not been levied or paid or has been short-levied or short-paid or erroneously refunded and no notice has been served under sub-section (1) of section 73 or under the proviso thereto, before the date on which the Finance Bill, 2015 receives the assent of the President; or gluten free pudding recipesWebbSection 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 … boldocynara reviewWebbSection 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 … bold off road center capWebb19 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 ... boldoflorine composition