Hundreds of Crores of service tax was lying with in the hands of defaulters as said by the service tax Authorities . It also warned to crack down who have defaulted the payment. If this was the case under Hyderabad jurisdiction what will be figures due in the whole other parts of countries.


    Inspite of collecting the tax from customers and not depositing the same conveys evasion was made intentionally, which came to the officials note and small notice was give to get ready for the prosecution.


section 89 of the finance act 1994 and section 87 states if the amount to be paid is more than 10 lakh or more in such a case the act has empowered officials to recover dues in fraud cases.
two groups named Anti Evasion Group and Survey Intelligence Group will prepare list of defaulters and dues across various categories , while the recovery action will be carried by Anti Evasion Group.

The amount of service Tax is  was being left unpaid for a decade , and the provision of  empowers for direct recovery without prior notice

we still do not know the exact reason behind so late awakening but at last they have awaken for something strict. The toppers in the list of defaulters were hotels , travel agents , internet service providers, & rent for commercial reasons , channels , bars & restaurants.

        If the defaulters still wish not to comply with the provisions result in attaching the immovable property belonging to or under the control of such person . If the payment is not made within 30 days of attachment , the property so attached can be sold for tax to be recovered.


Hope the news was Caveat Emptor awareing them of their fraud to run for help to Chartered Accountants