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Service Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Penalty - service tax with interest was deposited before ...


Tribunal Sets Aside Excess Penalty on Assessee for Timely Service Tax Payment Before Show Cause Notice Issued.

September 28, 2012

Case Laws     Service Tax     HC

Penalty - service tax with interest was deposited before issuance of SCN - the assessee has not committed any illegality in not depositing any penalty amount. Penalty levied against the assessee in excess of 25% u/s 76 and 78 of the Finance Act, 1994, has rightly been set aside by the Tribunal - HC

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