Belated Payment of Service Tax with Interest before issuance of SCN - Whether penalty proceeding can be initiated

Belated Payment of Service Tax with Interest before issuance of SCN - Whether penalty proceeding can be initiated https://www.taxtmi.com/news?id=196 Voluntary deposit of service tax with interest under the procedure of section 73(3), coupled with written notification to the Central Excise Officer before any show cause notice, prevents service of a notice and precludes initiation of penalty proceedings for the amount so paid; CBEC guidance states such proceedings shall be deemed concluded and no penalty imposed. en-us Tue, 27 Nov 2007 18:42:00 +0530 Wed, 25 Jun 2008 13:01:00 +0530 TaxTMI RSS Generator Belated Payment of Service Tax with Interest before issuance of SCN - Whether penalty proceeding can be initiated https://www.taxtmi.com/news?id=196 Voluntary deposit of service tax with interest under the procedure of section 73(3), coupled with written notification to the Central Excise Officer before any show cause notice, prevents service of a notice and precludes initiation of penalty proceedings for the amount so paid; CBEC guidance states such proceedings shall be deemed concluded and no penalty imposed. News - Tue, 27 Nov 2007 18:42:00 +0530 https://www.taxtmi.com/news?id=196