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Service Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

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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