Invoking of extended period

This query is : Resolved 

22 November 2012 Dear Members,

What does invoking of extended period mean? What is its basic meaning?

22 November 2012 Show Cause notice for demand of duty has to be served on the person within one year from relevant date. However this period will extend to five years if the non payment of short payment of service tax is by reason of fraud, collusion, wilfull misstatement or suppression of facts or contravention of any provision of service tax or rules is made with intention to evade payment of service tax. This is called invoking of extended period



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries