9911796707
TMI BlogClosure of cases under Section 73(3) of the Finance Act of 1994 - Reg.X X X X Extracts X X X X X X X X Extracts X X X X ..... es under Section 73(3) of the Finance Act of 1994 - Reg. It has been noticed that different practices for closure of cases covered under Section 73(3) of the Finance Act, 1994 are being followed in the Commissionerate. There is neither any separate record prescribed nor is there any standard procedure for dealing with such cases. 2. Closure of cases under Section 73(3) of the Act is akin to exer ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... request for waiver of Show Cause Notice are necessary before closure of the case under Section 73(3) of the Act can be considered. Format for the letter to be obtained from the assessees is in the Annexure (enclosed). It is also imperative that the investigating officers should clearly certify that no evidence leading to invocation of the grounds for extended period as envisaged in the proviso to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ssed in Hqrs. Service Tax (Tech) Section.) (B.B. Prasad) Commissioner ANNEXURE TO STANDING ORDER No.01/2008-SERVICE TAX Dated:June, 2008 Sub: Letter given under Section 73(3) of the Finance Act, 1994 for avoiding penalty and non-issuance of SCN-Reg. I/We M/s. ______________________________________________ falling under the jurisdiction of ______________________________________________Ran ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... levy/ non-payment of Service Tax / Wrong availment of Cenvat Credit an account of issue/issues mentioned as per the Annexure. We having agreed to the points raised during verification/ scrutiny have paid the said amounts of Service Tax/ reversed the Cenvat Credit of Rs.________________ vide TR-6/Cenvat Register No._________dated___________along with the interest of Rs.____________vide TR-6 Cenvat ..... X X X X Extracts X X X X X X X X Extracts X X X X
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