Amendment in provisions for punishment against and Offence under Service Tax
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....mendment in provisions for punishment against and Offence under Service Tax <br>News and Press Release<br>Dated:- 2-3-2013<br><BR>See clause 93(J) of Finance Bill, 2013 Section 89 is being amended: ....
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....(i) in the case of an offence specified in clauses (a), (b) and (c ) of sub-section (1) where the amount exceeds fifty lakh rupees, punishment shall be for a term which may extend to three years, but ....
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....shall not, in any case, be less than six months; (ii) in the case of failure to pay service tax collected, to the credit of the Central Government within six months, an offence specified in section 8....
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....9(1)(d), if such non-payment exceeds fifty lakh rupees, punishment shall be imprisonment for a term which may extend upto seven years but not less than six months; (iii) in the case of any other offen....
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....ce, the punishment shall be imprisonment for a term which may extend to one year;<BR> News - Press release - PIB....


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