https://www.taxtmi.com/caselaws?id=78474 The Appellate Tribunal upheld the demand of service tax exceeding Rs. 2.1 crores against the appellant for a specific period and imposed penalties under sections 76, 77, and 78 of the Finance Act, 1994. The appellant, registered as a 'programme producer,' collected service tax but failed to remit it to the exchequer. Despite paying the service tax amount with interest before adjudication, the appellant was directed to pre-deposit around Rs. 50 lakhs, approximately 25% of the penalty, within four weeks, as per the requirements of section 78, with the Tribunal denying a further extension due to financial hardships. en-us Mon, 03 Aug 2009 00:00:00 +0530 Mon, 29 Apr 2013 15:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78474 The Appellate Tribunal upheld the demand of service tax exceeding Rs. 2.1 crores against the appellant for a specific period and imposed penalties under sections 76, 77, and 78 of the Finance Act, 1994. The appellant, registered as a 'programme producer,' collected service tax but failed to remit it to the exchequer. Despite paying the service tax amount with interest before adjudication, the appellant was directed to pre-deposit around Rs. 50 lakhs, approximately 25% of the penalty, within four weeks, as per the requirements of section 78, with the Tribunal denying a further extension due to financial hardships. Case-Laws Service Tax Mon, 03 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78474