2010 (2) TMI 297 - HC - Service Tax

Penalty- Commissioner reduced the penalty under Section 78 of the Act and set aside the penalty under Section 76 of the Act. Revenue challenged the order. Held that- The penalty imposed under Section 78 of the Act was sufficient to cover the default of service tax. Dismissed the Appeal.

Summary

The High Court of Punjab & Haryana condoned a delay of 85 days in refiling an appeal. The appeal challenged penalties imposed under Sections 76 and 78 of the Finance Act, 1994. The court found that the penalty under Section 78 was sufficient and dismissed the appeal, noting the small amount involved - Rs. 56,024.