Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Section 73(1) Finance Act 1994 | Extended Period for Service Tax Demand Invalid Without Proof of Wilful Suppression: CESTAT Chennai
CESTAT Chennai rules that the extended period under Section 73(1) of the Finance Act 1994 for service tax demands cannot be invoked without concrete evidence of wilful suppression, fraud, or intent to evade tax. The ruling sets a precedent that mere non-filing or interpretational disputes do not justify extended limitation periods, impacting taxpayers facing retrospective demands.