Arrest and Bail Under Service Tax - CBEC Issues Instructions
BOARD has now released the guidelines for arrest and bail under Service Tax
Now, in the Service Tax Circular also, they have mentioned the citation of 1997 (1) SCC 416, for the DK Basu case.
Board instructs, "Every Commissionerate should maintain a Bail Register which will have the details of the case, arrested person, bail amount, surety amount. The money /instruments /documents received as surety should be kept in safe custody. The money should be deposited in the treasury. The other instruments/documents should be kept in the custody of a single nominated officer. It should be ensured that the instruments/documents received as surety are kept valid till the bail is discharged.”
Do they still keep money in the treasury?
Circular No., Dated: September 17, 2013