https://www.taxtmi.com/caselaws?id=240375 The demand of Service Tax under Section 73 of the Finance Act, 1994, was upheld along with interest under Section 75. Penalties on the appellant firm under Sections 76, 77, and 78 for the period prior to 10.5.2008 were upheld; for the period after 10.5.2008, only the penalty under Section 78 was sustained. The penalty imposed on the Managing Director under Section 78 was set aside. The appellant was not eligible for the benefit of paying 25% of the penalty within the stipulated time as per a decision of the Hon'ble Bombay High Court. The appeal was disposed of accordingly. en-us Fri, 30 Aug 2013 00:00:00 +0530 Sat, 19 Nov 2016 18:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240375 The demand of Service Tax under Section 73 of the Finance Act, 1994, was upheld along with interest under Section 75. Penalties on the appellant firm under Sections 76, 77, and 78 for the period prior to 10.5.2008 were upheld; for the period after 10.5.2008, only the penalty under Section 78 was sustained. The penalty imposed on the Managing Director under Section 78 was set aside. The appellant was not eligible for the benefit of paying 25% of the penalty within the stipulated time as per a decision of the Hon'ble Bombay High Court. The appeal was disposed of accordingly. Case-Laws Service Tax Fri, 30 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240375