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Service Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Penalty u/s 76 and 78 - service tax alongwith interest paid on ...


No Penalty Imposed for Delayed Service Tax Payment Due to Financial Hardship u/ss 76 and 78.

October 27, 2018

Case Laws     Service Tax     AT

Penalty u/s 76 and 78 - service tax alongwith interest paid on being pointed out - The reason of financial crunch given by the appellant should be given some credence, particularly in view of the mitigating factor that it is not a case of absolute non-discharge of tax liability but delayed payment of tax, that too with interest paid thereon - No penalty.

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