Service Tax - Highlights / Catch Notes
Service Tax - Levy of penalty u/s 78 of FA - Since the elements of fraud,...
Levy of penalty u/s 78 of FA - Since the elements of fraud, mis-statement or suppression of facts etc. with an intent to evade service tax are not present in the matter therefore, the penalty under Section 78 of the Finance Act, 1994 is not imposable in this case. - AT