2016 (9) TMI 1360

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..... s the shortfall was less than 3% of total dues. Surely, no prudent business entity would jeopardize their chances of amnesty by deliberate non-payment of such paltry amount - imposition of penalty is unwarranted - appeal allowed - decided in favor of appellant. - ST/85810/2016-Mum - Final Order No. A/85393/2017-WZB/SMB - Dated:- 15-9-2016 - Shri C.J. Mathew, Member (T) Shri Sachin Miniyar, .....

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..... ,699/- on 29th March, 2014 and their intention to pay the interest and penalty as being called upon to do so. Later, they also intimated having paid interest and penalty on 29th March, 2014 and 15th January, 2015. The impugned order imposed penalty of Rs. 40,80,693/- under Section 78 of Finance Act, 1994 which appellant is aggrieved by. 3. Appellant contends that they had miscalculated the tax .....

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