Transcription of CBEC issues clarification regarding mandatory pre …
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EY Tax AlertCBEC issues clarification regarding mandatory pre-depositprovisions17 September2014 Tax Alerts coversignificant tax news,developments andchanges in legislationthat affect Indianbusinesses. They actas technical summariesto keep you on top ofthe latest tax more information,please contact your summaryProvisions relating to mandatory pre-deposit payments as a pre-requisite forfiling first stage and second level appeals under Customs, Central Excise andService tax were introduced in the Finance Act ( ), 2014 effective from thedate of its enactment 6 August Tax alert gives an update on the Circular No. 984/ 08/2014-CX dated 16 September 2014 issued by the Central Board of Excise and Customs (CBEC)clarifying various issues raised by trade bodies, industry associations and fieldformations relating to payment of mandatory pre-deposit at appellate circular addresses issues such as the quantum of pre-deposit, adjustment ofpayment made during investigation, recovery proceedings, refund of pre-depositand also provides for certain modalities to be followed by the tax payer as alsothe adjudicating authority in this The Finance Act ( ), 2014 amendedSection 35F o
EY Tax Alert CBEC issues clarification regarding mandatory pre-deposit provisions 17 September 2014 Tax Alerts cover significant tax news, developments and
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