1998 (12) TMI 1

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ct, 1994 for failure to pay Service Tax within the stipulated period and failure to submit the return within time as required under Rule 6 of the Service Tax Rules, 1994 and Section 70 of the Act. The Applicant's contention is that since Service Tax was introduced only with effect from 1-7-1994 on services rendered by Stock Brokers (the applicant is a Stockbroker), he could not clearly understand ....