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'?
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.
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