TMI BlogDirector Liable for Unpaid Service Tax Despite Deed of Settlement with Co-Directors; Statutory Obligation Prevails.Evasion of Service Tax - there is a huge amount of service tax outstanding belonging to the period when the petitioner was one of the Directors of the said Company, therefore he cannot take the plea of not being liable to pay in terms of the “Deed of Settlement” which is alleged to have been executed between other two Co-Directors and him, the dues being statutory duty to be cleared. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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