« Top Headlines » Open DEMAT Account in 24 hrs  Tax planning for 2025: How to maximise your savings before March 31 deadline  New income tax bill reaches Parliament: Finance Minister Nirmala Sitharaman tables I-T Bill 2025 in Lok Sabha  5 major changes in the last 6 months every taxpayer should know!  Good news for taxpayers: ITR forms updated to allow 87A tax rebate claims, but there's a catch  Top 10 income tax changes from 2024 to look out for while filing ITR in 2025 «  New Income Tax Act to come into force from Apr 1, '08... Why take advantage of an assessee's ignorance... » Indian, HPCL face service tax evasion charge September, 09th 2006 Public sector airline Indian, SAP India and Hindustan Petroleum Corporation (HPCL) have come under fire from Directorate General of Central Excise Intelligence for non-payment of service tax. DGCEI had found service tax evasion to the tune of over Rs 50 crore by these companies during April-July 06. In the case of Indian (erstwhile Indian Airlines), which has a liability of Rs 27.30 crore, DGCEI found that it was receiving services of ticketing, reservation, passenger care, maintenance and repair service from various global service agents located overseas. Such services, received by a person who has an establishment in India, have become taxable. The case is pending further investigation. Bangalore-based SAP India was found guilty of non-payment of service tax to the tune of Rs 25 crore. SAP India has signed a franchisee agreement with its parent company situated outside India and was receiving franchisee services from the parent. While SAP was liable to pay service tax, it did not do so even after summons. After a probe was launched, the company voluntarily deposited Rs 14.96 crore. The case is being further investigated now. HPCL was found not paying service tax under the category of goods transport agency with effect from January 1, 05. The company had taken a service tax registration. After initiation of investigations, the company voluntarily paid the entire tax liability of Rs 4.49 crore.