https://www.taxtmi.com/caselaws?id=205198 The Tribunal overturned the penalty imposed under Section 76 of the Finance Act, 1994, amounting to Rs. 3,43,958, on the appellant for delayed service tax payment. The appellant's proactive payment before the show cause notice, in line with Section 73(3) of the Act and Circular No. 137/167/2006-CX-4, influenced the decision. Relying on precedents and the circular's guidance, the Tribunal ruled in favor of the appellant, emphasizing that penalties may not apply if tax is paid before a notice is issued. The appeal was allowed, granting the appellant relief. en-us Fri, 12 Nov 2010 00:00:00 +0530 Mon, 26 Dec 2011 18:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205198 The Tribunal overturned the penalty imposed under Section 76 of the Finance Act, 1994, amounting to Rs. 3,43,958, on the appellant for delayed service tax payment. The appellant's proactive payment before the show cause notice, in line with Section 73(3) of the Act and Circular No. 137/167/2006-CX-4, influenced the decision. Relying on precedents and the circular's guidance, the Tribunal ruled in favor of the appellant, emphasizing that penalties may not apply if tax is paid before a notice is issued. The appeal was allowed, granting the appellant relief. Case-Laws Service Tax Fri, 12 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205198