2013 (5) TMI 591

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..... is required to pay the same in terms of the provisions of Section 75 of the Finance Act, 1994 and the same cannot be waived. However, as regards penalty, it is acceptable that there can be no malafide on their behalf for late deposit of service tax, accordingly set aside the imposition of penalties. partly in favour of assessee. - Appeal No. 724 of 2007 - - - Dated:- 20-3-2013 - Ms. Archan .....

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..... unting procedure, there was no intention on their part to late deposit the service tax and, as such, confirmation of interest and imposition of penalty is not called for. He accordingly prayed for setting aside the same. 3. We note that as far as interest is concerned, assessee is required to pay the same in terms of the provisions of Section 75 of the Finance Act, 1994 and the same cannot be wa .....

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