https://www.taxtmi.com/caselaws?id=209650 The High Court dismissed the writ petition seeking waiver of pre-deposit on penalties under sections 76 and 77 of the Finance Act, 1994 for service tax non-payment on goods supplied by the service receiver. The Court extended the time for pre-deposit by four weeks and directed the Tribunal to proceed promptly. Emphasizing expeditious case resolution, the judgment addressed penalties, statutory provisions, legal precedents, and contractual terms regarding taxable value in service contracts involving supply of goods. Compliance with tax regulations and thorough contractual analysis were underscored. en-us Sat, 27 Aug 2011 00:00:00 +0530 Fri, 04 Jul 2014 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209650 The High Court dismissed the writ petition seeking waiver of pre-deposit on penalties under sections 76 and 77 of the Finance Act, 1994 for service tax non-payment on goods supplied by the service receiver. The Court extended the time for pre-deposit by four weeks and directed the Tribunal to proceed promptly. Emphasizing expeditious case resolution, the judgment addressed penalties, statutory provisions, legal precedents, and contractual terms regarding taxable value in service contracts involving supply of goods. Compliance with tax regulations and thorough contractual analysis were underscored. Case-Laws Service Tax Sat, 27 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209650