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Service Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Penalty u/s 78 of the Finance Act, 1994 - Once all the facts are ...

Case Laws     Service Tax

September 7, 2013

Penalty u/s 78 of the Finance Act, 1994 - Once all the facts are reflected in the ST-3 Returns as well as in the Balance Sheet, the allegation of suppression of facts is untenable and accordingly, imposition of penalty under Section 78 of the Finance Act, 1994, is unwarranted - AT

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