Can a assessee under cera audit avail amnesty scheme?
This query is : Resolved
07 March 2013
Dear Experts,
CERA Auditor completed their audit & sent the report to Central Excise on 22.02.13 stating tat the assesse has not paid service tax amounting to Rs.25 Lakhs pertaining to last 4 yrs.
Can such assessee avail the benefit of recently proposed 'Voluntary compliance encouragement scheme'?
Waiting for ur reply...
Thanks in advance
Regards,
Sushil.
CERA Auditor completed their audit & sent the report to Central Excise on 22.02.13 stating tat the assesse has not paid service tax amounting to Rs.25 Lakhs pertaining to last 4 yrs.
Can such assessee avail the benefit of recently proposed 'Voluntary compliance encouragement scheme'?
Waiting for ur reply...
Thanks in advance
Regards,
Sushil.
11 March 2013
Dear Sushil
Yes assessee can avail the benefit of recently proposed 'voluntary Compliance'. provided Show Cause Notice has not been issued to the assessee with regard to the audit.
Assessee has to file return since Year 2007 making all the true declarations in that.
He'll get waiver from Interest U/s 75 & penalty u/s 76,77,78.
Yes assessee can avail the benefit of recently proposed 'voluntary Compliance'. provided Show Cause Notice has not been issued to the assessee with regard to the audit.
Assessee has to file return since Year 2007 making all the true declarations in that.
He'll get waiver from Interest U/s 75 & penalty u/s 76,77,78.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Form 121 & TDS deduction
- Transporter Declaration form
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Invoice V/S Goods receipt Note Date
- Regarding appeal to GSTAT
- ITR U for F.Y-2024-2025 From Yesterday
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
