Transition Provision

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..... Question - What are proposed transitional provision in service tax in Finance Bill 2015 ? - Reply By Admin TMI - The Reply = A new section 78 B is being inserted to prescribe, by way of a transi .....

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..... tion provision, that,- (i) amended provisions of section 76 and 78 shall apply to cases where either no notice is served, or notice is served under sub-section (1) of section 73 or proviso thereto .....

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..... but no order has been issued under sub-section (2) of section 73, before the date of enactment of the Finance Bill, 2015; and (ii) in respect of cases covered by sub-section (4A) of section 73, if .....

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..... no notice is served, or notice is served under sub-section (1) of section 73 or proviso thereto but no order has been issued under sub-section (2) of section 73, before the date of enactment of the F .....

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..... inance Bill, 2015 , penalty shall not exceed 50% of the service tax amount. - Transition Provision - Query Started By: - Admin TMI Dated:- 1-3-2015 Service Tax - Got 1 Reply - Service Tax - Discu .....

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..... ssion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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