TMI Blog2009 (12) TMI 210X X X X Extracts X X X X X X X X Extracts X X X X ..... 30-9-2006. Service tax liability was discharged on 30-11-2006, along with interest. The only challenge is to the imposition of penalties under the provisions of sections 76, 77 and 78 of the Finance Act, 1994 on the ground that tax liability was introduced in September, 2004 and they were not aware of their liability until it was pointed out by the authorities. Held that- setting aside the penalt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Finance Act, 1994 on the ground that tax liability was introduced in September, 2004 and they were not aware of their liability until it was pointed out by the authorities. 2. I have heard both sides. The department has relied upon the statement dated 7-12-2006 of Shri Ganeshamoorthy, proprietor of the assessees that CENVAT credit on the inputs/capital goods used for providing the service was no ..... X X X X Extracts X X X X X X X X Extracts X X X X
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