TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Taxpayers Can Conclude Service Tax Proceedings by Paying Tax, Interest, and 25% Penalty Within One Month of SCN.</h1> The circular addresses the conclusion of adjudication proceedings related to service tax payments under the Finance Act, 1994. It clarifies that if a taxpayer voluntarily pays the service tax along with interest and a 25% penalty within one month of receiving a show cause notice (SCN), all proceedings under the Act, including sections 76, 77, and 78, are concluded. This applies to cases of willful suppression, fraud, or collusion under section 73(1A), and similarly for other cases under section 73(3). The circular emphasizes that the conclusion of proceedings is comprehensive, covering all related actions under the Act.
TaxTMI 