Service tax voluntary compliance scheme grants immunity from penalties and proceedings upon payment and discharge acknowledgement. Payment of tax dues declared under section 107(1) together with interest under the proviso to section 107(4) confers immunity from penalty, interest and other proceedings under the Chapter; the declaration becomes conclusive on issuance of an acknowledgement of discharge under section 107(7) and matters for the declared period may not be reopened, subject to statutory exceptions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax voluntary compliance scheme grants immunity from penalties and proceedings upon payment and discharge acknowledgement.
Payment of tax dues declared under section 107(1) together with interest under the proviso to section 107(4) confers immunity from penalty, interest and other proceedings under the Chapter; the declaration becomes conclusive on issuance of an acknowledgement of discharge under section 107(7) and matters for the declared period may not be reopened, subject to statutory exceptions.
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