Reward for Information on Indirect Tax Defaulters

A suitable reward upto 5% of the amount recovered can be given to any informer who gives information regarding the whereabouts, assets, movable and immovable properties of persons or companies from whom arrears of duty, tax, fine, penalty etc. are recoverable under the Customs Act, 1962, the Central Excise Act, 1944 or Service Tax Act, 1994. The quantum of reward will be decided by the Chief Commissioner concerned.

http://www.cbec.gov.in/defaulters/reward-recovry.htm

New Delhi, 17-01-2012