Limitation period extension increases time for certain service tax reassessments by lengthening the statutory limitation. Amendment substitutes "thirty months" for "eighteen months" in sub-sections (1), (1A), (2A) and (3) of section 73, extending the period for reassessment ... Summary
Limitation period extension increases time for certain service tax reassessments by lengthening the statutory limitation.
Amendment substitutes "thirty months" for "eighteen months" in sub-sections (1), (1A), (2A) and (3) of section 73, extending the period for reassessment in cases not involving fraud or suppression, and replaces the phrase in sub-section (4B)(a) with "falling under" to adjust the clause's internal reference.
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