New User / Register | Bookmarks | Annual Subscription | Feedback |
Login: Stay
| Forget Password |
           
TMI - Tax Management India. Com  

Recent Discussionss:

Procedure to sent back the rejected imported material Reversal of Cenvat credit Applicability of State VAT or CST valuation job work BUDGET CHANGES REGARDING DTA CLEARANCES Cenvat Credit CT -1 procedure current local tax rate (vat rate) for s.s patta/ coil / strip Rules of register Change in section 15A Central Excise Act 1944
Home Case Index 2012 (7) TMI Service Tax Tri Service Tax + Tri
← Previous Next →

Please login.

Only paid members can access this page.

User Login
Username  
Password  
 
Stay sign in
 
 
 
New User / Registeration
Forget Password - Click here to Retrieve

Buy this Document - Rs. 500/- only - or - Subscribe Annual Package


M/s PUNJAB AUTOMOBILES Versus CST, AHMEDABAD - 2012 (7) TMI 78 - CESTAT, AHMEDABAD - Service Tax

......... penalty is imposable under Section 76 and Section 78 of Finance Act, 1994. Further, the circular issued by the Board on 03.10.07 also provides that where an assessee pays the service tax with interest, no further action need to be taken. In this case, I find that appellant has paid even the penalty and is not even challenging the same. Having regard to the facts and circumstances of this case and the approach adopted by the appellant as seen from the records I find that appellant intended to avoid litigation, to pay the service tax amount as per the advice given by the department and further they have also paid interest. Under these circumstances, I find that this is a fit case for waiver of penalty imposed under Section 76 of Finance Act, 1994 by invoking the provisions of Section 80 of Finance Act, 1994 and accordingly the impugned order is set aside and appeal is allowed by setting aside the penalty under Section 76 of Finance Act, 1994. (Dictated and Pronounced in Court)



 

what is new what is new

UpdatesKnowledge SharingSubscription CommunicationNewslettersMore Options


Quick Links: | Acts and Rules | Notifications | Circulars | Schedules | Tariff | Forms | Case Laws | Manuals |
| Home | About us | Contact us | Feed Back | Disclaimer | Terms of Use | Privacy Policy | Members | |
Go to Mobile Website Go To Top
© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.