Q.
Is there any provision to waive the penalty under Service Tax law?
Tags:
tax,
service tax
Asked by Arun Nayar,
29 Oct '11 03:38 pm
Earn 10 points for answering
Answers (2)
1.
Section 80 of the Finance Act, 1994, provides provisions not to impose penalty, for any failure referred to in the said provisions, if the Service Tax assessee proves that there was sufficient cause for such failure.
Answered by Stone, 29 Oct '11 03:43 pm
Report abuse
Useful
(1)
Not Useful
(0)
Your vote on this answer has already been received
2.
Ans. Section 80 of the Finance Act, 1994, provides provisions not to impose penalty, for any failure referred to in the said provisions, if the Service Tax assessee proves that there was sufficient cause for such failure.
_______________________________________________________ ___________
Nagesh Bajaj
Lawcrux is a body corporate registered under the Companies Act, 1956. It is a team of Chartered Accountant, Company Secretaries, Advocate and Retired Government Officials. For More Information visit: http://www.lawcrux.com , phone No: +91.0129-4030353.
http://www.lawcrux.com
Lawcrux offer consultancy & unique e-book| library| publication on Central Excise, Custom, Service Tax, Foreign Trade policy, Export Import matters, GST, EOU, EPCG, NEPZ, SEZ, DEPB, Export Incentives and Benefits, Representation before CBCC, DGFT ,Tax planning, Drawback, Advance License & {Lawcrux Presents PAYROLL / Manufacturer Excise Softwares}
_______________________________________________________ ___________
Nagesh Bajaj
Lawcrux is a body corporate registered under the Companies Act, 1956. It is a team of Chartered Accountant, Company Secretaries, Advocate and Retired Government Officials. For More Information visit: http://www.lawcrux.com , phone No: +91.0129-4030353.
http://www.lawcrux.com
Lawcrux offer consultancy & unique e-book| library| publication on Central Excise, Custom, Service Tax, Foreign Trade policy, Export Import matters, GST, EOU, EPCG, NEPZ, SEZ, DEPB, Export Incentives and Benefits, Representation before CBCC, DGFT ,Tax planning, Drawback, Advance License & {Lawcrux Presents PAYROLL / Manufacturer Excise Softwares}
Source: http://www.lawcrux.com
Answered by Nagesh Bajaj, 29 Oct '11 03:43 pm
Report abuse
Useful
(0)
Not Useful
(0)
Your vote on this answer has already been received