https://www.taxtmi.com/article/detailed?id=1452 Where a penalty for intentional evasion, suppression or concealment of taxable value or for furnishing inaccurate value has been levied, a separate penalty for failure to pay the same service tax for the same taxable event should not be imposed. The proviso excluding concurrent imposition and multiple tribunal and high court decisions support that the two penalties are not to be levied simultaneously, and where no tax liability arises no penalty can be sustained. en-us Fri, 30 Sep 2011 23:51:34 +0530 Mon, 03 Oct 2011 01:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1452 Where a penalty for intentional evasion, suppression or concealment of taxable value or for furnishing inaccurate value has been levied, a separate penalty for failure to pay the same service tax for the same taxable event should not be imposed. The proviso excluding concurrent imposition and multiple tribunal and high court decisions support that the two penalties are not to be levied simultaneously, and where no tax liability arises no penalty can be sustained. Articles Service Tax Fri, 30 Sep 2011 23:51:34 +0530 https://www.taxtmi.com/article/detailed?id=1452