17 July 2013
I am a business man doing business of cable operator Around 2004-05 service tax dept. asked us to pay service tax and we had paid it. then they asked for 03-04, then also we had paid and they had told that now we don't have to pay any more but again in 2002-03 they had asked for the same. But none of the cable operator paid it including me thinking of that they will again going to shift in previous year.
Now that tax is still pending and it also includes so much panelty. that it is not possible for me to deposit the penalty .My Tax with penalty now from that year increases around 15 times.
ques 1: Whether there is any provision for waiving of penalty as we are ready to pay the principal tax.
ques 2: We are taking this service frm MSO and providing to the client.Whether we will get relief under this? But we dont' know whether that co. pays service tax or not ? What to do now?
ques 3: And in case if MSO had paid it they are not telling about it.? What is to be done?
ST dept is asking for the whole amount (incl. which we paid to MSO)
17 July 2013
Yes now amnesty scheme has been introduced in the Finance Act 2013 and upto 31.12.13 you can pay atleast 50% of your principal tax amount and the rest you have to pay before 30.06.14....and if you would pay upto the aforementioned dates all the penalty and interest levied would be waived off.
CAclubindia
