9911796707
TMI Blog2011 (11) TMI 525X X X X Extracts X X X X X X X X Extracts X X X X ..... cating Commissioner under the impugned order but the penalty imposed is disproportionately high. Hence, he prays for reduction of the same. He also prays for condonation of the delay on the ground that the impugned order was delivered to the watchman of the appellants and they were unaware of the delivery of the order. 3. Heard ld. SDR. 4. I find that the net demand raised on the appellants is only Rs 4,766/ - towards tax and the adjudicating Commissioner has demanded interest amounts of Rs. 511/ - and Rs.76,972/ - All these amounts have been paid by the appellants, according to the ld. Advocate. In addition, a penalty of Rs.8,87,392/ - has been imposed on the appellants. On the face of it, the penalty imposed appears to be disproportiona ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax ranges from 413 days to 812 days and the penalty imposed for this period is about Rs.1.50 lakhs, according to ld. Advocate. Though the delays are substantial, as the penalty provision under Section 76 was not mandatory prior to the amendment made in 2006, some leniency can be shown to the appellants. Accordingly, as regards the period prior to 18.4.2006, penalty imposed is reduced to Rs.50,000/- (Rupees Fifty thousand only). The impugned order is modified to the above extent and the matter is remitted to the original authority for the limited purpose of re-quantifying the penalty amount taking into consideration the above reduction in penalty. The stay application and the miscellaneous application stand allowed in view of the fact that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Value Service Tax Education Cess Total Due date Paid date No of days Interest 200/day 2% per month Max penalty Jan-05 317986 79497 7950 159 8109 25/02/2005 18/05/2007 812 2345 162400 8109 Feb-05 325478 81370 8137 163 8300 25/03/2005 18/05/2007 784 2318 156800 8300 Mar-05 390715 97679 9768 195 9963 31/03/2005 18/05/2007 778 2761 155600 9963 Apr-05 230792 57698 5770 115 5885 05/05/2005 18/05/2007 743 1557 148600 5885 May-05 223099 55775 5577 112 5689 05/06/2005 18/05/2007 712 1443 142400 5689 Jun-05 257470 64368 6437 129 6565 05/07/2005 18/05/2007 682 1595 136400 6565 Jul-05 719289 179822 17982 360 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 8/05/2007 194 1069 38800 1974 15471 Nov-06 504330 126083 15130 303 15432 05/12/2006 18/05/2007 164 901 32800 1664 15432 Dec-06 502858 125715 15086 302 15387 05/01/2007 18/05/2007 133 729 26600 -1346 15387 Jan-07 448355 112089 13451 269 13720 05/02/2007 18/05/2007 102 498 20400 920 13720 Feb-07 467487 116872 14025 280 14305 05/03/2007 18/05/2007 74 377 14800 696 14305 Mar-07 528479 132120 15854 317 16171 31/03/2007 18/05/2007 48 276 9600 510 9600 12609720 3152430 345619 6912 352531 50218 457334 46265 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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