TaxTMI 
TaxTMI 
Closure of cases under Section 73(3) of the Finance Act of 1994 - Reg.
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.... 01/2008-ST Dated: June 25, 2008 Sub: Closure of cases under Section 73(3) of the Finance Act of 1994 - Reg. It has been noticed that different practices for closure of cases covered under Section 73(3) of the Finance Act, 1994 are being followed in the Commissionerate. There is neither any separate record prescribed nor is there any standard procedure for dealing with such cases. 2. C....
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.... such cases full recovery of Service Tax with interest alongwith request for waiver of Show Cause Notice are necessary before closure of the case under Section 73(3) of the Act can be considered. Format for the letter to be obtained from the assessees is in the Annexure (enclosed). It is also imperative that the investigating officers should clearly certify that no evidence leading to invocation o....
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....ed above should be furnished by all the Divisions/ Hqrs. Audit Branch/Hqrs. Audit/ Hqrs. Anti-Evasion Branch of the Commissionerate by 5 th of the following month to the Commissioner (to be processed in Hqrs. Service Tax (Tech) Section.) (B.B. Prasad) Commissioner ANNEXURE TO STANDING ORDER No.01/2008-SERVICE TAX Dated:June, 2008 Sub: Letter given under Section 73(3) of the Finance ....
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....uring the course of verification of our records returns, by the Range/Division/Audit/Anti-Evasion of the Headquarters office of HYDERABAD-III Commissionerate, it is observed that there is short payment/ non-levy/ non-payment of Service Tax / Wrong availment of Cenvat Credit an account of issue/issues mentioned as per the Annexure. We having agreed to the points raised during verification/ scrutiny....