Sunday, 29 December 2013

Last couple of days for availing benefits of VCES under Service Tax:

One of the best schemes though in the disguised form for availing benefit of non payment of service tax is wrapping up on 31st of December 2013. As we say its best, yes indeed it was best in to overcome the liability without paying interest and liability. Unfortunately the same has not succeeded to meet up the expectations. In Bangalore alone, the department was expecting approximately about 25-30 k applications to be filed which ended up only about 1500 applications and expecting a very little in the couple of remaining days.