Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: VAT RATES :: due date for vat payment :: empanelment :: TDS :: ACCOUNTING STANDARD :: list of goods taxed at 4% :: TAX RATES - GOODS TAXABLE @ 4% :: form 3cd :: cpt :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company
 
 
Service Tax »
 GST: Centre, states to divide taxpayer base
 A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate
 Stalled unsorted diamond imports to resume after GST rate revision
 TDS, TCS deductors can apply for GST registration from 18 September
 E-commerce companies face tax heat as I-T department says discounts should be treated as capital spend
 Central Goods and Services Tax (Sixth Amendment) Rules, 2017
 GST will also impact direct tax collection
 Seeks to extend time period for filing of details in FORM GSTR-6 for months of July & August
 GST: Is input tax credit available for tax paid on mobiles given to staff?
 GST filing, reconciliation solution launched
  Finance Ministry asks taxmen to submit note on high-pitched assessments

Bombay HC refuses bail to service tax evader
March, 11th 2014

The Bombay high court has rejected a bail plea made by Kandra Naidu for nonpayment of service tax to the state worth over Rs 50 lakh.

Justice A R Joshi while pronouncing the order on March 5 held that the offence committed by Naidu was a "continuing offence" and as on May 2013, there were outstanding in the excess of Rs 50 lakh which remained the same even at the time of his arrest in January 2014. "It is not a case in which the applicant can be released on bail more so when the investigation is still going on. Consequently the present application for bail is dismissed," the judge ordered.

Naidu had moved against the Service Tax, Mumbai - II and the Maharashtra government on the grounds that there was no provision to arrest him under the latest legal provisions governing service tax.

Naidu, a director of M/s Prashant Transport Exchange Division and managing director of another firm was booked for offence punishable under Section 89 read with Section 90 of the Finance Act, 1994 for non-payment of service tax between 2010-2013.

The HC observed that Naidu had "collected Rs.2.59 Cores of Service Tax during 2010-2011to 2013-2014 but had not deposited the amount except for Rs15 Lakhs. The applicant had in fact never filed any service tax returns and as such knowingly utilized the Government monies for his personal use. "

Naidu did not dispute his liability to pay the tax but said "there is no authority in superintendent (AE) to arrest in view of the amended provisions of Section 89(1)(d) of the Finance Act, 1994."

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Achievements

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions