Yuvraj Singh Gets Service Tax Notice
The notice, which was pasted outside the house of Yuvraj Singh in Manimajra Chandigarh, was issued under the 'Support Services of Business or Commerce' under section 65 (104c) of the Finance Act.
The Central Excise Department has issued a show cause notice to cricketer Yuvraj Singh, seeking payment of service tax to the tune of Rs 46.60 lakh on his income from "promotional activity".
The service tax dues pertained to the year 2012-13, a senior official of Central Excise Department Chandigarh region said here on Wednesday.
The notice, which was pasted outside the house of the cricketer in Manimajra here, was issued under the 'Support Services of Business or Commerce' under section 65 (104c) of the Finance Act.
The tax demand was raised on the payment of Rs 4.14 crore which Yuvraj Singh received from Sahara Adventure Sports for carrying out "promotional activity", official said.
However, Yuvraj has already paid Rs 36 lakh as service tax to the department while balance was still remaining to be paid, official said.