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Service Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Whether the unamended provision of Section 78 according to which ...


CESTAT Rules for Assessee: Amended Section 78 Applies, Reduces Penalty from 100% to 50% for Recorded Transactions.

May 21, 2016

Case Laws     Service Tax     AT

Whether the unamended provision of Section 78 according to which 100% penalty or amended provision of Section 78 according to which 50% penalty is applicable in the case where transactions are recorded in the books of the assessee, when the offence was taken place during the period of unamended Section 78. - CESTAT applied the amended provisions in favor of assessee - AT

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