Become a Govt. Certified GST Practitioner in just 60 hrs. Register Now!

Service tax payment notice

29 August 2020

Hello,

I have received a notice with regard to payment of Service Tax for the year 2014-15.
Untill how many years can the GST department ask for the records of Income Tax? Can it ask for records of 2014-15 also?

Reply
Follow
Share

5 Replies

Jamil Ahmed (615 Points)
Replied 29 August 2020

Normally, it is 5 years but the date has been extended due to COVID19.

Upgrade to CAclubindia Pro. Subscribe Now!

Aishwarya Kataria (3 Points)
Replied 29 August 2020

Okay, and the computation of service tax liability will be over and above Rs. 10 lakhs right?
for example, the ITR shows 16 lakhs, so the service tax liability will be on Rs 6 lakhs? because it is over and above 10 lakhs..
kindly confirm the computation basis

Jamil Ahmed (615 Points)
Replied 29 August 2020

Only if your turnover in previous year was below 10 lakhs.

1 Like

Ravi SADhiyan (Practice) (4510 Points)
Replied 29 August 2020

You Pay Service Tax in All Amount if Your P.Y. T/O cross 10 Lakh Limite

1 Like

Rajendra Prabhu (Associate ) (59 Points)
Replied 29 August 2020

Dear Aishwarya Kataria,

ST department can issue notice to verify for the period not more than 30 months from the date of notice. They can go beyond 30 months until 5 years only if they they have the grounds of fraud and willful misstatement or suppression of facts.

Section 73 deals with this.