Punj Lloyd faces Rs 61 cr service tax evasion charges

Feb 26 2014, 15:59 IST
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Punj Lloyd faces Rs 61 cr service tax evasion charges Punj Lloyd faces Rs 61 cr service tax evasion charges

Encouragement Scheme (VCES), which was implemented from May 10 last year, was announced by Finance Minister P Chidambaram to allow a Service Tax defaulter to pay dues without any penalty or late payment charges.

Under the scheme, a person was to make a declaration to the designated authority on or before December 31, 2013.

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