OFFICE OF THE
COMMISSIONER OF CENTRAL EXCISE
SERVICE TAX
CELL - CHENNAI III COMMISSIONERATE
121 N.H. ROAD,
CHENNAI 600 034
======================================================
SERVICE TAX TRADE NOTICE 05/2000 11.09.2000
Subject: Service Tax - Payment of
Service Tax by Cheques -
Delay in encashment - Regarding.
Copy
of the Director General of Service Tax's letter on the above subject is
communicated herewith for information and necessary action.
Sd/------------------
(T. RAJENDRAN)
DEPUTY
COMMISSIONER
CHENNAI III
Copy of DGST's
letter F.No.V/DGST/30-MISC-46/2000 dated 23.08.2000
Sub.: Payment of Service Tax by cheque in authorised
banks - Consequences of delay in encashment beyond due date - reg.
The
Rule 7 of the Central Government Account (Receipts and Payments), Rules, 1983
interalia provides that Government dues including taxes can be credited by the
taxpayers directly into any branch of an authorised bank. As per Rule 79 of the
Treasury Rules of the Central Government such payments / credits can be made by
cheques also. Accordingly, a large
number of tax payers including Service Tax assessees discharge their tax
liabilities by depositing a cheque for the required amount in the authorised
banks.
As
per Rle 6(1) of the Service Tax Rules, 1994 read with Section 68(1) of the
Finance Act, 1994, an assessee is required to pay Service Tax on monthly /
quarterly basis by 25th of
the succeeding month. In the even of
failure to pay tax by the due date, the assessee is liable to pay interest as
well as penalty in terms of Section 75 and 76, ibid, respectively.
It is
observed that in many cases, the assessees pay the tax due by cheque on the
last date or very close to such date.
In such cases, many a times, the cheque is encashed and credited to the
Government's account after the due date.
Hitherto, in such cases also, the department has been levying interest
and penalty. This practice has
developed presumable because the Rule 79(1)(a) of the Treasury Rules interalia
states that "---------until the cheque is cleared, the Government cannot
admit that payment has been received…….."
A
number of representations have been received in this Directorate stating that
recovery of interest and imposition of penalty in the cases where cheques have
been deposited before the due date and the amount is credited to the Government
Account in due course, but after the due date, is not fair since the assessee
has no control over the time taken by the Bankers of the Government in clearing
the cheque.
The
matter has been examined.
It is
observed that the identical issue had arisen in the case of payment of Inland
Air Travel Tax (IATT) by Sahara Airlines Limited, The concerned authorities had imposed penalty and ordered
recovery of the interest from the party since the cheques deposited by them
towards payment of IATT were credited to the Government after the due
date. The matter has now been decided
in second appeal by the Government of India (Sahara Airlines Limited Vs.
Commissioner of Customs TAXMAN 2000(110)378GOI). The Government has held
that a harmonious reading of the provisions of Rule 7 of the Central
Government Accounts (R&P) Rules and Rules 79 & 80 of the Treasury
Rules, makes it clear that the Government dues can be presented in the form of
cheque into authorised bank. And if the
cheque is not dishonoured later, the payment shall be deemed to have been made
on the date when the cheque was handed over to the Government/Bankers. Accordingly, the Government set aside the
imposition of penalty / interest etc. in the said case.
The
ratio of above cited decision of the Government would apply mutatis - mutandis
to the payment of service tax also. Therefore, it is clarified that in the
cases where the service tax amount has been deposited by an assessee in the
authorised bank, by cheque, before the due date and such cheque is not
dishonoured later, the Department need not initiate proceedings for recovery of
interest / penalty etc. However, if the
cheque is not honoured in due course or the clearance is abnormally delayed for
any lapse on the part of the assessee, the Department would be free to take
penal action, etc., as deemed fit.
The
contents of this letter may be brought to the notice of field officers / Trade
by issue of suitable Circulars / Trade Notices, etc.