Rajib Kr Majumdar
(Querist) 01 August 2014
This query is : Resolved
I have utilized input credit on GTA service on 30.01.2014 paid GTA in cash on 03.02.14 with interest to regularise the matter but now C Ex authority demanded that i have to pay Tax on GTA afresh with interest and penalty - please guide me... thanks
ajay sethi
(Expert) 01 August 2014
if any show cause notice ahs been issued reply to SCN . request for waiver of penalty as full cash payment has been made with interest prior to issue of SCN
Rajendra K Goyal
(Expert) 01 August 2014
Reply the notice, consult a tax consultant.
T. Kalaiselvan, Advocate
(Expert) 03 August 2014
Yes, first issue reply to the Show cause notice explaining the circumstances and also seek waiver n the basis of the cash paid in full. for further action you may consult a tax consultant.
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