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of <h1>Finance Act 2012 Amended: No Penalty for Late Service Tax Payment If Paid with Interest Within Six Months.</h1> Section 80 of the Finance Act, 2012, is amended by renumbering it as subsection (1) and introducing a new subsection (2). This addition specifies that no penalty will be imposed for failing to pay service tax due by March 6, 2012, on certain taxable services. This exemption applies if the full amount of service tax, along with interest, is paid within six months from the date the Finance Bill, 2012, receives presidential assent. This provision overrides sections 76, 77, and 78.
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