https://www.taxtmi.com/caselaws?id=75581 Where service tax and interest were paid before conclusion of proceedings, penalty under Sections 76, 77 and 78 of the Finance Act, 1994 was held not leviable. The tribunal applied Section 73(3) and the Board circular treating voluntary discharge of service tax liability with interest as sufficient to conclude the proceedings, and followed the earlier view that prompt payment after detection, without mala fide intent, justified waiver of penalty. The order imposing penalties was therefore set aside, while the tax and interest already paid remained undisturbed. en-us Thu, 06 Aug 2009 00:00:00 +0530 Thu, 06 May 2010 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75581 Where service tax and interest were paid before conclusion of proceedings, penalty under Sections 76, 77 and 78 of the Finance Act, 1994 was held not leviable. The tribunal applied Section 73(3) and the Board circular treating voluntary discharge of service tax liability with interest as sufficient to conclude the proceedings, and followed the earlier view that prompt payment after detection, without mala fide intent, justified waiver of penalty. The order imposing penalties was therefore set aside, while the tax and interest already paid remained undisturbed. Case-Laws Service Tax Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75581