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
Latest Expert Exchange
Service Tax »
 I-T return filing: Income Tax offices, Ayakar Seva Kendras to remain open from March 29-31
 Top 5 money matters you must settle before March 31 From income tax returns to LTCG,
 Steep fines for missing March 31 income tax deadline
 CBEC clears some air on refunds under GST, central excise, service tax laws
 3 key tax changes for senior citizens which will come into effect from April 1, 2018
 Income tax returns (ITR) filing: Not filed returns for 2 years? Beware! Deadline nearing
 All you want to know about HRA: When you can claim and how it is calculated?
 Income Tax Saving: 6 ways to save tax without investing before March 31 tax deadline
 Unnable to file your tax return? Take help of these portals
 Do you know which 80C instruments can help you save tax and carry no future tax liability?
 E-way relief, for now, to e-commerce, courier firms sending small orders

Sleuths make first arrest of service tax defaulter
August, 06th 2013

The first arrest of a service tax defaulter in the country has been made after government got the powers recently to crack the whip on evaders.

A courier company owner was arrested for allegedly evading service tax of about Rs 70 lakh in the first such case after Finance Minister P Chidambaram made applicable provisions of Criminal Procedure Code (CrPC) to arrest such offenders.

Sudip Das, proprietor of a courier company in Kolkata, was arrested by service tax officials last week, official sources said today.

Das, who runs a courier agency M/s Blue Bird, collected service tax from various companies to the tune of about Rs 67 lakh but allegedly did not deposit the collected tax to the exchequer, a statement issued by Commissioner of Service Tax Kolkata said.

As evasion of service tax of Rs 50 lakh and above has now been made a cognizable offence, 48-year-old Das was arrested on Friday last and produced before a court in Kolkata. "The court has ordered 14 days judicial remand," it said.

Phone calls made by PTI to the company did not yield any response.

The Finance Minister has proposed provisions for arrest of service tax defaulters in Section 91 of Finance Bill 2013.

The Section provides power to arrest a person for non-payment of collected service tax, by an officer not below the rank of Superintendent of Central Excise.

The officials got the power to arrest a defaulter after the passage of the Finance Bill on May 10.

This is for the first time that service tax rules have been amended to attract the Criminal Procedure Code (CrPC) in line with customs and central excise. Earlier, the officials did not have any power to arrest a person for service tax evasion.

An offender is punishable with imprisonment of upto seven years in case of amount of service tax evasion is Rs 50 lakh and more.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Reengineering Software Re-engineering Software Reverse Engineering Software Reverse Development Software Change Modulation Software Conversion Software Re-creation Software Re-development

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