https://www.taxtmi.com/forum/issue?id=109962 Defaulters can obtain details of alleged service tax defaults and must be aware that departmental officers may record statements under the Central Excise Act as applied to service tax. Penalties vary by intent and timing: bona fide mistakes paid with interest within thirty days of a show cause notice attract no penalty; mala fide evasion paid with interest within thirty days of the show cause notice incurs a reduced penalty; payment within thirty days after an adjudication order incurs a specified reduced penalty that, if paid within thirty days of the order, closes the case. Depositing dues with interest and the applicable reduced penalty can conclude proceedings, or the taxpayer may demand a show cause notice and contest the case. Separate legal entities should be treated independently for valuation. en-us Tue, 01 Mar 2016 14:50:35 +0530 Thu, 23 Jan 2025 15:56:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109962 Defaulters can obtain details of alleged service tax defaults and must be aware that departmental officers may record statements under the Central Excise Act as applied to service tax. Penalties vary by intent and timing: bona fide mistakes paid with interest within thirty days of a show cause notice attract no penalty; mala fide evasion paid with interest within thirty days of the show cause notice incurs a reduced penalty; payment within thirty days after an adjudication order incurs a specified reduced penalty that, if paid within thirty days of the order, closes the case. Depositing dues with interest and the applicable reduced penalty can conclude proceedings, or the taxpayer may demand a show cause notice and contest the case. Separate legal entities should be treated independently for valuation. Discussion-Forum Service Tax Tue, 01 Mar 2016 14:50:35 +0530 https://www.taxtmi.com/forum/issue?id=109962