https://www.taxtmi.com/caselaws?id=244533 The court denied the waiver of service tax penalty amounting to Rs.8,22,636 due to excess payment and financial hardship. The judge ruled that adjustments against excess payments were not permissible under the Finance Act or Service Tax Rules when the taxable service was provided but tax was short paid. The applicant was directed to deposit a reduced amount of Rs.4 lakhs within six weeks, with the remaining service tax pre-deposit requirement waived upon compliance. This decision struck a balance between the applicant's financial challenges and legal obligations, offering a practical resolution. en-us Mon, 28 Jan 2013 00:00:00 +0530 Fri, 28 Feb 2014 07:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244533 The court denied the waiver of service tax penalty amounting to Rs.8,22,636 due to excess payment and financial hardship. The judge ruled that adjustments against excess payments were not permissible under the Finance Act or Service Tax Rules when the taxable service was provided but tax was short paid. The applicant was directed to deposit a reduced amount of Rs.4 lakhs within six weeks, with the remaining service tax pre-deposit requirement waived upon compliance. This decision struck a balance between the applicant's financial challenges and legal obligations, offering a practical resolution. Case-Laws Service Tax Mon, 28 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244533