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of <h1>Amendment to Section 89 of Finance Act increases penalties for service tax offences; imprisonment terms revised for serious cases.</h1> The amendment to Section 89 of the Finance Act, 1994, as introduced by the Finance Act, 2013, revises penalties for service tax offences. For offences involving amounts over fifty lakh rupees, the punishment is imprisonment up to three years for certain offences and up to seven years for others, with a minimum term of six months unless special reasons are recorded. For other offences, imprisonment may extend to one year. Repeat offenders face increased penalties: up to three years for certain offences and up to seven years for others.
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