Compounding and settlement procedures for service tax offences expanded to adopt the Central Excise settlement framework and linkage. The amendment revises section 94(2) to omit clause (ee), link clause (hhh) to the taxable service provision, and introduce provisions empowering the ... Summary
Compounding and settlement procedures for service tax offences expanded to adopt the Central Excise settlement framework and linkage.
The amendment revises section 94(2) to omit clause (ee), link clause (hhh) to the taxable service provision, and introduce provisions empowering the prescription of the amount and manner for compounding offences and providing for settlement of cases by applying the Central Excise settlement mechanisms as made applicable to service tax.
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