https://www.taxtmi.com/caselaws?id=216074 The Karnataka HC dismissed the appeal, holding that the assessee was not liable to pay a penalty under Sec. 76 of the Finance Act, 1994 as they had paid the service tax and interest before the show cause notice was issued. The court ruled that penalty proceedings cannot be initiated once tax and interest are paid and information is provided to the authorities. en-us Fri, 09 Sep 2011 00:00:00 +0530 Fri, 17 Aug 2012 17:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216074 The Karnataka HC dismissed the appeal, holding that the assessee was not liable to pay a penalty under Sec. 76 of the Finance Act, 1994 as they had paid the service tax and interest before the show cause notice was issued. The court ruled that penalty proceedings cannot be initiated once tax and interest are paid and information is provided to the authorities. Case-Laws Service Tax Fri, 09 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216074