https://www.taxtmi.com/caselaws?id=231307 The Tribunal set aside penalties imposed under Section 76 of the Finance Act, 1994, as the appellant paid service tax through the cenvat account and rectified any irregularities voluntarily. The interest demand under Section 75 was nullified since the appellant demonstrated commitment by depositing tax through the cenvat account and rectifying procedural errors. The appellant was directed to pay tax liability by debit, but penalties and interest were overturned. The Tribunal found the appellant's actions justified in avoiding penalties and interest, ultimately allowing the appeal. en-us Fri, 15 Mar 2013 00:00:00 +0530 Tue, 07 Jan 2014 15:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=231307 The Tribunal set aside penalties imposed under Section 76 of the Finance Act, 1994, as the appellant paid service tax through the cenvat account and rectified any irregularities voluntarily. The interest demand under Section 75 was nullified since the appellant demonstrated commitment by depositing tax through the cenvat account and rectifying procedural errors. The appellant was directed to pay tax liability by debit, but penalties and interest were overturned. The Tribunal found the appellant's actions justified in avoiding penalties and interest, ultimately allowing the appeal. Case-Laws Service Tax Fri, 15 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=231307