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Service Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Imposition of penalty - Section 76 of the Finance Act, 1994 - ...


Section 76 of Finance Act, 1994 Enforces Strict Penalties for Non-Compliance, No Exceptions for Bona Fide Mistakes.

August 13, 2016

Case Laws     Service Tax     AT

Imposition of penalty - Section 76 of the Finance Act, 1994 - There are no conditions or ifs and buts in the said Section. Hence, the contention of the appellant that they had not paid the service tax because of a bonafide mistake is not relevant. - AT

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