https://www.taxtmi.com/caselaws?id=242610 The appellant, involved in Industrial and Commercial Construction Service, faced a delay in paying service tax liability. The Revenue identified a delay in payment and imposed a penalty under Section 76 of the Finance Act, 1994. The appellant argued the delay was due to financial constraints and not intentional evasion. The Tribunal found in favor of the appellant, noting that the tax was paid before the Show Cause Notice was issued, and Section 73(3) applied. Consequently, the appeal was allowed, and the penalty imposition was overturned. en-us Thu, 12 Dec 2013 00:00:00 +0530 Sat, 18 Jan 2014 10:40:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242610 The appellant, involved in Industrial and Commercial Construction Service, faced a delay in paying service tax liability. The Revenue identified a delay in payment and imposed a penalty under Section 76 of the Finance Act, 1994. The appellant argued the delay was due to financial constraints and not intentional evasion. The Tribunal found in favor of the appellant, noting that the tax was paid before the Show Cause Notice was issued, and Section 73(3) applied. Consequently, the appeal was allowed, and the penalty imposition was overturned. Case-Laws Service Tax Thu, 12 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242610