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NEWS FLASH

ST VCES, 2013 - what if declarant couldn't pay the 50% 'tax dues' on 31/12/2013 (See 'Commentary')

VCES 2013 - CBEC clarifies e-payments can be made till midnight

VCES - CBEC mops up Rs 5500 Cr so far; Counters to remain open till midnight tomorrow: Revenue Secretary (See 'North Block on VCES')

VCES, 2013 ends tomorrow - countdown begins (See 'Commentary')

Ahmedabad Service Tax arrest a Builder for Rs 2.5 cr tax evasion

VCES - Department remains open on Saturday & Sunday

VCES - CBEC receives 22000 applications and collects Rs. 3800 Crs

VCES - Declarations rejected are appealable: HC (See 'Latest on VCES')

VCES - more than 17000 declarations received and Rs 3150 Cr revenue collected

Vadodara Central Excise resorts to traditional style of campaigning (See pictures in ‘Paparazzi on VCES’)

VCES: About 15000 applications received; More than Rs 2800 Cr garnered

VCES - Hyderabad Service tax kiosk attracts declarants (See 'Latest on VCES')

ST VCES, 2013 – Board Circular 8/8/2013 goes for a toss - Order passed by designated authority is appealable, holds P&H High Court (See 'Latest on VCES')

VCES inches closer to deadline; one more service tax evader arrested (See 'Latest on VCES')

Service Recipients also entitled to apply for ST VCES, 2013 (See 'Commentary')

VCES tempo on the rise; About 11000 applications received & Rs 2300 Cr garnered

Appeal can be filed against rejection of ST VCES Declaration (See 'Commentary')

VCES Woes - II (See 'Commentary)

FM asks industry to grab VCES - a life-time Scheme (See 'North Block on VCES')

FM terms VCES as rare opportunity; urges Bangalore trade to make fresh start

VCES, 2013 - Payment of 'tax dues' through CENVAT Credit before ST VCER, 2013 were notified (See 'VCES Queries for CBEC')

VCES - Declaration - Does it mean filing of ST 3 returns for last five years? (See 'Latest on VCES')

VCES Woes - I (See 'Commentary)

CBEC Pavilion Receives Bronze Medal at Indian International Trade Fair, 2013 (See 'Latest on VCES')

Service Tax - FM needs to expand ambit of Amnesty for recalcitrant 'Honesty'! (See 'Commentary')

VCES Pavilion of CBEC selected for Award by ITPO

VCES: Trade throws a volley of questions at FM; CBEC issues detailed clarifications (See 'Latest on VCES')

CENVAT Credit of Service Tax paid under VCES, 2013 (See 'Commentary')

Looking for VCES ke Laddoo? - Visit CBEC Pavilion at Pragati Maidan (See 'Latest on VCES')

CBEC receives 7000 VCES applications & mops up Rs 1675 Cr so far

Scripting a Success story for VCES, 2013 - Yes, we can! (See 'Commentary')

CBEC sets up VCES stall at Hall No 18 at Pragati Maidan in Delhi

Can VCES be still made a success? (See 'Commentary' column)

VCES & CENVAT Credit - The Mysore Chapter (See 'VCES In Brief')

Delhi has received only 506 VCES applications out of 5000: Finance Minister (See 'North Block on VCES')

VCES - Cases booked after 01.03.2013? (See 'VCES in Brief')

FM urges Chennai taxpayers to make use of VCES, 2013
By VCESIndia News Service
CHENNAI, NOV 11, 2013

WITH the VCES inching towards its deadline, it has finally forced the Union Finance Minister to spare some time out of his hectic schedule. And he did so when he landed here to attend an Interactive Session on the VCES along with his MoS(R) and the Member (Service Tax) last Saturday.

While addressing the large gathering, the FM emphasised that the Government is keeping an eye on many sectors prone to service tax evasion like real estate, IT and consultancy. He said that he has noticed serious evasion of service tax in Chennai by sectors like contract services, transport operators, advertisement, manpower and recruitment and repair service.

In the background of chronic evasion of service tax the Finance Minister urged the industry and trade to make use of the Voluntary Compliance Encouragement Scheme. "I am assuming everyone is a honest citizen.You are honest in most actions. When you make a vow before your favourite deity, you are honest. You go and carry out the vow. You are honest while you are dealing with your spouse, children. Why should you be not honest with the tax department?", he asked.

He urged the taxpayers to pay their tax dues as non-payment might be out of ignorance or financial hardship. In this background, the VCES offers a very good amnesty scheme with no obligation to pay any interest, any penalty or face any prosecution.

PAPARAZZI ON VCES

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	Kolkata Service Tax stall catches eyeballs.

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