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    <title>Penalties Imposed for Failing to Deposit Service Tax u/ss 77 and 78; Nil Liability Declared in Returns.</title>
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    <description>Levy of penalties u/s 77 and 78 - Bonafide belief - assessee had in fact recovered Service Tax periodically from the service recipient. Not only that such service tax was not deposited with the Government in the returns filed it was declared that Service Tax liability was nil - levy of penalty confirmed - HC</description>
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