<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>2017 (12) TMI 1672 - SETTLEMENT COMMISSION, CUSTOMS, CENTRAL EXCISE AND SERVICE TAX, CHENNAI</title>
    <link>https://www.taxtmi.com/caselaws?id=278995</link>
    <description>The applicant, a Real Estate Agent, failed to pay service tax on commissions received, leading to a liability of Rs. 22,53,449. The applicant claimed reduced interest under Section 75 but was denied due to turnover exceeding Rs. 60 lakh in one year. Penalties were imposed, reduced to Rs. 60,000, for non-registration and evasion. Immunity from prosecution was granted for cooperation. The Bench settled the case with the applicant paying the tax and interest liabilities, the penalty, and ensuring compliance for immunity. Non-compliance would result in penalties equal to the tax amount settled.</description>
    <language>en-us</language>
    <pubDate>Wed, 27 Dec 2017 00:00:00 +0530</pubDate>
    <lastBuildDate>Thu, 28 Feb 2019 18:52:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=560358" rel="self" type="application/rss+xml"/>
    <item>
      <title>2017 (12) TMI 1672 - SETTLEMENT COMMISSION, CUSTOMS, CENTRAL EXCISE AND SERVICE TAX, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=278995</link>
      <description>The applicant, a Real Estate Agent, failed to pay service tax on commissions received, leading to a liability of Rs. 22,53,449. The applicant claimed reduced interest under Section 75 but was denied due to turnover exceeding Rs. 60 lakh in one year. Penalties were imposed, reduced to Rs. 60,000, for non-registration and evasion. Immunity from prosecution was granted for cooperation. The Bench settled the case with the applicant paying the tax and interest liabilities, the penalty, and ensuring compliance for immunity. Non-compliance would result in penalties equal to the tax amount settled.</description>
      <category>Case-Laws</category>
      <law>Service Tax</law>
      <pubDate>Wed, 27 Dec 2017 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=278995</guid>
    </item>
  </channel>
</rss>