CA NeWs Beta*: Value of service shown in ST-3 returns was less than that shown in P&L Account

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Sunday, April 24, 2011

Value of service shown in ST-3 returns was less than that shown in P&L Account

2011-TIOL-468-CESTAT-AHM

M/s Dixit Security & Investigation Pvt Ltd Vs CST, Ahmedabad (Dated: February 4, 2011)

Value of service shown in ST-3 returns was less than that shown in P&L Account - appellant on their own calculated differential Service Tax, got it verified by Chartered Accountant and submitted the same to the department - fit case for invoking provisions of Section 80 of Finance Act, 1994, which provides that if a reasonable cause is shown, penalties under sections 77 & 78 of Finance Act, 1994 can be waived – Decision in Bangalore Vihara Kendra 2010-TIOL-663-CESTAT-BANG relied upon – Appeal allowed.: DELHI CESTAT;

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