https://www.taxtmi.com/article/detailed?id=6706 The scheme permits a declaration and payment of service tax with interest plus a reduced portion of adjudicated penalty to obtain immunity from proceedings for cases pending before Commissioner (Appeals), though classes of assesses are excluded. The author argues the measure has limited benefit for most service taxpayers because statutory provisos already allow reduced penalty payment within a short period and taxpayers lacking merits typically already settle; the scheme chiefly aids a narrow set of large defaulters and is unlikely to substantially decrease litigation. en-us Mon, 29 Feb 2016 19:41:13 +0530 Tue, 01 Mar 2016 11:27:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6706 The scheme permits a declaration and payment of service tax with interest plus a reduced portion of adjudicated penalty to obtain immunity from proceedings for cases pending before Commissioner (Appeals), though classes of assesses are excluded. The author argues the measure has limited benefit for most service taxpayers because statutory provisos already allow reduced penalty payment within a short period and taxpayers lacking merits typically already settle; the scheme chiefly aids a narrow set of large defaulters and is unlikely to substantially decrease litigation. Articles Service Tax Mon, 29 Feb 2016 19:41:13 +0530 https://www.taxtmi.com/article/detailed?id=6706