https://www.taxtmi.com/caselaws?id=217005 The High Court upheld the Tribunal's decision to set aside penalties exceeding 25% imposed on the appellant under Sections 76 and 78 of the Finance Act, 1994. The Court emphasized that since the service tax and interest were paid in full before the show cause notice, no penalty had been fixed or levied at that time. The Court dismissed the Tax Appeal, ruling that the issue did not raise a substantial question of law and affirmed the importance of timely payment of service tax and interest. en-us Mon, 03 Sep 2012 00:00:00 +0530 Wed, 13 Nov 2013 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217005 The High Court upheld the Tribunal's decision to set aside penalties exceeding 25% imposed on the appellant under Sections 76 and 78 of the Finance Act, 1994. The Court emphasized that since the service tax and interest were paid in full before the show cause notice, no penalty had been fixed or levied at that time. The Court dismissed the Tax Appeal, ruling that the issue did not raise a substantial question of law and affirmed the importance of timely payment of service tax and interest. Case-Laws Service Tax Mon, 03 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217005