Penalty u/s 77(2) of the Finance Act, 1994 - there is no ...
Directors Not Personally Liable for Penalties u/s 77(2) of Finance Act, 1994; Applies to Service Providers Only.
July 22, 2017
Case Laws Service Tax AT
Penalty u/s 77(2) of the Finance Act, 1994 - there is no provision for imposition of personal penalty on the director under the Finance Act. - All the liabilities/ responsibilities are of the service provider.
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