Section 40
Remission of service tax, etc.
ActIn forceProvision 46 of 127
Section 40
(2)
The Director General may remit the whole or any part of the surcharge accrued, or penalty, fee or other money payable, under this
Act where he deems fit.
(3)
Where a person who has been granted remission under subsection (1) or (2) has paid any of the service tax, surcharge, penalty, fee or other money to which the remission relates, he shall be entitled to a refund of the amount of service tax, surcharge, penalty, fee or other money which had been remitted.
(4)
(Deleted by Act A1632).