Budget 2016-2017Changes in Finance Act,1994, In Budget 2016-2017

The Union Budget 2016-2017 has proposed the enhanced period for demand of service tax in case it is not paid or short paid, for normal period ,without suppression of facts from 18 months to 30 months for short levy/non levy/short payment/non-payment/erroneous refund of service tax, with effect from date of enforcement of Finance Bill, 2016.