https://www.taxtmi.com/caselaws?id=212587 The Tribunal partially allowed the Revenue's appeal, restoring the penalty imposed on the assessee under Section 76 of the Finance Act, 1994, for admitted default in paying Service Tax. The imposition of penalty at the rate of Rs. 100 per day was upheld, directing the respondent to pay without delay. The penalties under Section 78 were set aside as the show-cause notice did not specifically allege suppression of taxable value, leading to the conclusion that the penalties were not justified in this case. en-us Wed, 28 Sep 2011 00:00:00 +0530 Mon, 16 Apr 2012 07:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212587 The Tribunal partially allowed the Revenue's appeal, restoring the penalty imposed on the assessee under Section 76 of the Finance Act, 1994, for admitted default in paying Service Tax. The imposition of penalty at the rate of Rs. 100 per day was upheld, directing the respondent to pay without delay. The penalties under Section 78 were set aside as the show-cause notice did not specifically allege suppression of taxable value, leading to the conclusion that the penalties were not justified in this case. Case-Laws Service Tax Wed, 28 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212587