Service Tax - Two arrested
IT was just two days ago that the Finance Minister had declared in Kolkata that 13 chronic service tax evaders had already been arrested; the first being in Kolkata. And the latest arrests are also in Kolkata. A cable TV operator Company's MD and a Director were arrested yesterday for alleged evasion of Service Tax of over Rs. 5 Crores.
As the VCES road show is on, perhaps the Department wants to send a strong message that while voluntary compliance is encouraged, blatant evasion will not be tolerated.