GENERAL KNOWLEDGE

Detailed explanation-1: -The main statutory provisions dealing with recovery of arrears in Service Tax are as follows: Section 73 of the Finance Act 1994, empowers Service Tax officers to take action for recover of arrears by way of issue of demand and pursing with the assessee.

Detailed explanation-2: -Under the rules framed under Section 211 of the Act, if a purchaser of a survey number from Government makes a default in payment of the full price, the land is put to auction; and deficit, if any, is recovered from him “as an arrear of land revenue”.