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Service Tax - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Imposition of penalty u/s 78 - delay in payment of tax - ...


Penalty Upheld for Late Tax Payment u/s 78; Financial Hardship Defense Rejected for Misused Funds.

March 15, 2017

Case Laws     Service Tax     AT

Imposition of penalty u/s 78 - delay in payment of tax - Financial hardship cannot be pleaded against penal action when the tax collected is not remitted to the Government and used for other expenses - penalty upheld - AT

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