2004 (11) TMI 2 - AT - Service Tax

Service Tax Delay in filing of return and belatedly deposit of tax due to suggestion given by a tax consultant Penalty

Summary

The appeal challenges a penalty of Rs. 26,800 under Section 76 of the Finance Act, 1994 for late deposit of service tax and late filing of returns. The penalty is reduced to Rs. 5,000 as the delay was due to advice from a consultant and not mala fide intent.