https://www.taxtmi.com/acts?id=8767 The Scheme allows declarations of service tax arrears to the designated authority between 1 July and 30 September, 2008, and fixes reduced settlement rates: service tax components (subject to a specified upper limit) are payable at fifty per cent; interest and/or penalties arising from adjudication are payable at twenty-five per cent of such arrear; for arrears arising from show cause or demand notices interest and/or penalties are payable at twenty-five per cent of the maximum penalty leviable and interest, with a proviso treating the service tax amount as penalty where penalty would exceed it. en-us Fri, 02 May 2008 13:09:16 +0530 Sat, 30 Aug 2008 15:27:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8767 The Scheme allows declarations of service tax arrears to the designated authority between 1 July and 30 September, 2008, and fixes reduced settlement rates: service tax components (subject to a specified upper limit) are payable at fifty per cent; interest and/or penalties arising from adjudication are payable at twenty-five per cent of such arrear; for arrears arising from show cause or demand notices interest and/or penalties are payable at twenty-five per cent of the maximum penalty leviable and interest, with a proviso treating the service tax amount as penalty where penalty would exceed it. Act-Rules Service Tax Fri, 02 May 2008 13:09:16 +0530 https://www.taxtmi.com/acts?id=8767