2009 (1) TMI 132

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..... Order No. A/309/WZB/Ahd/2009-CII and Stay Order No. S/259/WZB/Ahd/2009-CII dt. 20.1.2009 certified on 5.2.2009 in Application No. ST/Stay/1671/2008 and Appeal No. ST/192/2008) Shri Sandeep Sachdeva, C.A. for Appellant. Dr. Manoj Kumar Rajak, SDR for Respondent. Per Archana Wadhwa: The challenge in the present appeal is only to imposition of penalties in terms of Section 76 & 77 of the Finance A .....

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..... he assessee - Reg." "Section 73(1A) of the Finance Act, 1994 provides for conclusion of adjudication proceeding in the cases of wilful suppression/fraud/collusion if the taxpayer pays service tax liability along with interest and a penalty equal to 25% of service tax amount, within a period of one month from the date of issue of SCNs. Similarly, section 73(3) provides conclusion of adjudication p .....

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..... ther that where such person has paid service tax in full together with interest and penalty under sub-section (1A), the proceeding in respect of such person and other person to whom notices are served under sub-section (1) shall be deemed to be concluded." "Thus, law prescribes conclusion of proceedings against such person to whom SCN is issued under sub-section (1) of section 73. Therefore, it i .....

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