2006 (7) TMI 40

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..... ge and provides services of stock broking under the name and style of Crown Consultants (P) Limited. The appellant is required to pay service tax in terms of Section 68 of the Finance Act, 1994. The business activity of the appellant started by 25th October, 1995. The law provides that within 30 days, the appellant has got to register under Service Tax Act. As a matter of fact, the appellant has a .....

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..... e part of the appellant much less any mens rea in delaying the payment. The period subsequent thereto, the appellant has been regular during the last decade in payment of Service tax. This shows the appellant is punctual and prompt in making payment of Service tax. 3. In this view of the matter, I feel that the penalty imposed under the impugned order is unwarranted and is liable to be set aside .....

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