https://www.taxtmi.com/article/detailed?id=1290 Finance Act, 2011 establishes prosecution for service tax evasion tied to issuance of invoices, fraudulent or materially altered bills, availing credit without receipt of goods or services, maintenance of fake books, and supply of materially false information; tax collected but not remitted is prosecutable. The assessee bears the burden to prove absence of mens rea. Prosecution requires sanction by senior tax authorities, is subject to a monetary threshold, follows departmental adjudication, and demands clear evidence to implicate top management. en-us Mon, 16 May 2011 07:49:29 +0530 Tue, 17 May 2011 07:55:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1290 Finance Act, 2011 establishes prosecution for service tax evasion tied to issuance of invoices, fraudulent or materially altered bills, availing credit without receipt of goods or services, maintenance of fake books, and supply of materially false information; tax collected but not remitted is prosecutable. The assessee bears the burden to prove absence of mens rea. Prosecution requires sanction by senior tax authorities, is subject to a monetary threshold, follows departmental adjudication, and demands clear evidence to implicate top management. Articles Service Tax Mon, 16 May 2011 07:49:29 +0530 https://www.taxtmi.com/article/detailed?id=1290