Deemed conclusion of proceedings where related service tax assessments are resolved under applicable provisos, ending parallel recovery actions. The amendment clarifies that where service tax is not levied or paid, is short levied or short paid, or is erroneously refunded, and the related ... Summary
Deemed conclusion of proceedings where related service tax assessments are resolved under applicable provisos, ending parallel recovery actions.
The amendment clarifies that where service tax is not levied or paid, is short levied or short paid, or is erroneously refunded, and the related assessment proceedings are concluded in accordance with the applicable provisos to assessment law, any proceedings pending against a person under the recovery provision shall be deemed concluded, linking assessment finality to termination of parallel recovery actions.
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