https://www.taxtmi.com/article/detailed?id=5140 Finance Act, 2013 inserted Section 78A to impose personal penalty on any director, manager, secretary or other officer of a company who, being in charge of and responsible to the company for conduct of its business, was knowingly concerned in specified contraventions: evasion of service tax; issuing invoices/bills/challans without provision of taxable service; availment and utilisation of credit without actual receipt of services or goods; and failure to pay collected service tax to the government beyond six months of the due date. Penalty may be levied on more than one officer for a single contravention. en-us Fri, 24 May 2013 10:31:28 +0530 Fri, 24 May 2013 10:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5140 Finance Act, 2013 inserted Section 78A to impose personal penalty on any director, manager, secretary or other officer of a company who, being in charge of and responsible to the company for conduct of its business, was knowingly concerned in specified contraventions: evasion of service tax; issuing invoices/bills/challans without provision of taxable service; availment and utilisation of credit without actual receipt of services or goods; and failure to pay collected service tax to the government beyond six months of the due date. Penalty may be levied on more than one officer for a single contravention. Articles Central Excise Fri, 24 May 2013 10:31:28 +0530 https://www.taxtmi.com/article/detailed?id=5140