Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2015 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (10) TMI 2293 - AT - Service TaxPenalty under Section 76 and 77 of Finance Act, 1994 - Amount of service tax collected from the clients but not deposited - At the instance of Audit party, service tax deposited before issuance of SCN - Appellant states that it had no mala-fide intention to evade tax – Further pleads to set aside penalty as appellant is facing financial difficulties – Held That:- After the audit, fact came into light that appellant received service tax amounts from service receiver but same was not being deposited with Revenue – Found no infirmity in imposition of penalty – Decided in favour of Revenue.
|