https://www.taxtmi.com/news?id=315 Amendments treat book adjustments and amounts credited or debited in a taxable person's accounts in transactions with an associated enterprise as part of service tax valuation. New provisions create a returns submission scheme via service tax preparers and permit best judgment assessment where returns are missing or incorrect. Penalty provisions are restructured to address registration, recordkeeping, document production, electronic payment, invoicing and residual defaults and to limit concurrent penalties; interest on delayed refunds is extended to service tax and a committee review of Commissioner orders is introduced. en-us Tue, 04 Mar 2008 12:06:00 +0530 Tue, 24 Jun 2008 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=315 Amendments treat book adjustments and amounts credited or debited in a taxable person's accounts in transactions with an associated enterprise as part of service tax valuation. New provisions create a returns submission scheme via service tax preparers and permit best judgment assessment where returns are missing or incorrect. Penalty provisions are restructured to address registration, recordkeeping, document production, electronic payment, invoicing and residual defaults and to limit concurrent penalties; interest on delayed refunds is extended to service tax and a committee review of Commissioner orders is introduced. News - Tue, 04 Mar 2008 12:06:00 +0530 https://www.taxtmi.com/news?id=315