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    <title>PERSONAL PENALTY ON COMPANY DIRECTORS</title>
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    <description>A statutory provision subjects any director, manager, secretary or other officer who was in charge of and responsible to the company for conduct of business and was knowingly concerned in specified service tax contraventions to an individual penalty. Specified contraventions include evasion of service tax; issuance of invoices or challans without provision of taxable service; availment and utilisation of credit without actual receipt of services or goods; and failure to remit collected service tax within the prescribed period. Multiple officers may be penalised for a single contravention.</description>
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      <description>A statutory provision subjects any director, manager, secretary or other officer who was in charge of and responsible to the company for conduct of business and was knowingly concerned in specified service tax contraventions to an individual penalty. Specified contraventions include evasion of service tax; issuance of invoices or challans without provision of taxable service; availment and utilisation of credit without actual receipt of services or goods; and failure to remit collected service tax within the prescribed period. Multiple officers may be penalised for a single contravention.</description>
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