TMI Blog2007 (4) TMI 611X X X X Extracts X X X X X X X X Extracts X X X X ..... iver of pre-deposit of the penalty amounts. The Commissioner imposed penalty of Rs. 500/- for failure of registration under Section 75A of the Finance Act, 1994, penalty of Rs. 100/- per day from the date when the Service tax became payable till the actual date of payment of the confirmed Service tax amount under Section 76 of the Act and a penalty of Rs. 1,15,173/- under Section 78 of the said Ac ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ice tax with a guilty mind. Under the said provision, if any person has, with intent to evade payment of Service tax, suppressed or concealed the value of taxable service or has furnished inaccurate value of taxable service, such person shall pay by way of penalty in addition to Service tax and interest thereon, a sum which shall not be less than, but shall not exceed twice the amount of service t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... can be imposed also under Section 76 of the Act. Under the impugned orders penalties are imposed both under Sections 78 and 76. 3. Having regard to the facts and circumstances of the case, it is, therefore, directed that on the applicant s depositing Rs. 40,000/- (Rupees forty thousand only) within six weeks from today, there shall be waiver of the pre-deposit of the remaining amount of penalti ..... X X X X Extracts X X X X X X X X Extracts X X X X
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