CBEC Announces Reward Scheme for Information on Defaulters
A suitable reward up to 5% of the amount recovered can be given to any informer who gives information regarding the whereabouts, assets, movable and immovable properties of persons or companies from whom arrears of duty, tax, fine, penalty etc. are recoverable under the Customs Act, 1962, the Central Excise Act, 1944 or Service Tax Act, 1994 . The quantum of reward will be decided by the Chief Commissioner concerned.
Will the Board clarify where the Service Tax Act, 1994 can be found?
Chaos is an important factor in life. If one does not understand chaos, one does not understand life - Prof Yash Pal, former Secretary, Department of Science & Technology