https://www.taxtmi.com/article/detailed?id=6744 The Finance Bill, 2016 proposes to extend the normal limitation period for issuing Show Cause Notices in non-fraud service tax, excise and customs cases while retaining longer limits for fraud-related matters. The author contends that, given e-filing, increased automation and strengthened commissionerates, extending initiation timelines is unnecessary, risks greater taxpayer uncertainty and litigation, and that policy efforts would be better directed to fixing adjudication timelines and reassessing time limits affecting legitimate credit claims. en-us Mon, 14 Mar 2016 12:20:54 +0530 Mon, 14 Mar 2016 12:20:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6744 The Finance Bill, 2016 proposes to extend the normal limitation period for issuing Show Cause Notices in non-fraud service tax, excise and customs cases while retaining longer limits for fraud-related matters. The author contends that, given e-filing, increased automation and strengthened commissionerates, extending initiation timelines is unnecessary, risks greater taxpayer uncertainty and litigation, and that policy efforts would be better directed to fixing adjudication timelines and reassessing time limits affecting legitimate credit claims. Articles Budget - Tax Proposals Mon, 14 Mar 2016 12:20:54 +0530 https://www.taxtmi.com/article/detailed?id=6744