Simultaneous Penalty u/s 76 and 78 of FA - The entire tax along ...
Taxpayer Receives Leniency in Penalties After Prompt Payment u/ss 76 & 78 of Finance Act.
January 8, 2019
Case Laws Service Tax HC
Simultaneous Penalty u/s 76 and 78 of FA - The entire tax along with interest and penalty at 25% of tax demand is paid immediately upon issue of SCN and before Adjudication. So some leniency is warranted in the case.
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