https://www.taxtmi.com/caselaws?id=237590 The Appellate Tribunal CESTAT Bangalore directed the appellant to make a pre-deposit of Rs.2,00,000 within 8 weeks under Sections 77 & 78 of the Finance Act, 1994, for the waiver of penalties imposed by the adjudicating authority. The balance of the penalty was waived subject to compliance, considering the appellant's financial challenges and stay on recovery pending appeal disposal. The appellant's admission of liability, non-compliance with procedures, and collection of tax from clients were key factors in the Tribunal's decision, despite arguments of no intention to evade tax and financial hardships due to a mining ban. en-us Wed, 11 Sep 2013 00:00:00 +0530 Tue, 01 Oct 2013 08:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237590 The Appellate Tribunal CESTAT Bangalore directed the appellant to make a pre-deposit of Rs.2,00,000 within 8 weeks under Sections 77 & 78 of the Finance Act, 1994, for the waiver of penalties imposed by the adjudicating authority. The balance of the penalty was waived subject to compliance, considering the appellant's financial challenges and stay on recovery pending appeal disposal. The appellant's admission of liability, non-compliance with procedures, and collection of tax from clients were key factors in the Tribunal's decision, despite arguments of no intention to evade tax and financial hardships due to a mining ban. Case-Laws Service Tax Wed, 11 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237590