https://www.taxtmi.com/caselaws?id=202229 The Tribunal allowed the appeals in a case involving delayed payment of service tax by the appellants, leading to penalties under Section 76 of the Finance Act, 1994. Despite the delays, the appellants paid the tax with interest before receiving show cause notices. Relying on Section 73(3) of the Act and a CBEC circular, the Tribunal emphasized the importance of timely payment and voluntary tax settlement to avoid penalties. The decision highlighted compliance with tax laws and established precedents, leading to the allowance of the appeals. en-us Fri, 01 Oct 2010 00:00:00 +0530 Wed, 21 Dec 2011 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202229 The Tribunal allowed the appeals in a case involving delayed payment of service tax by the appellants, leading to penalties under Section 76 of the Finance Act, 1994. Despite the delays, the appellants paid the tax with interest before receiving show cause notices. Relying on Section 73(3) of the Act and a CBEC circular, the Tribunal emphasized the importance of timely payment and voluntary tax settlement to avoid penalties. The decision highlighted compliance with tax laws and established precedents, leading to the allowance of the appeals. Case-Laws Service Tax Fri, 01 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202229