Levy of penalty u/s 77 and 78 of FA - there was no suppression ...

Service Tax

September 25, 2023

Levy of penalty u/s 77 and 78 of FA - there was no suppression of fact with an intention to evade payment of tax, established in this case. Since the Appellant has already paid the entire service tax payable and the interest liability has also been adjusted from the excess service tax paid, it is a fit case for invoking section 80 of the Finance Act, 1994, to waive the penalties - AT

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Levy of penalty u/s 77 and 78 of FA - there was no suppression ...

Service Tax

September 25, 2023

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