Penalty Imposed for Failing to Deposit Collected Service Tax u/s 78; Single Penalty Deemed Sufficient Deterrent.

Penalty Imposed for Failing to Deposit Collected Service Tax u/s 78; Single Penalty Deemed Sufficient Deterrent. https://www.taxtmi.com/highlights?id=24025 Appellant has collected the Service Tax amount from the customers and not deposited in Central Government account, therefore, penalty under Section 78 is warranted - Penalty only under one Section is sufficient and adequate deterrent - AT en-us Sat, 01 Aug 2015 11:33:18 +0530 Sat, 01 Aug 2015 11:33:18 +0530 TaxTMI RSS Generator Penalty Imposed for Failing to Deposit Collected Service Tax u/s 78; Single Penalty Deemed Sufficient Deterrent. https://www.taxtmi.com/highlights?id=24025 Appellant has collected the Service Tax amount from the customers and not deposited in Central Government account, therefore, penalty under Section 78 is warranted - Penalty only under one Section is sufficient and adequate deterrent - AT Highlights Service Tax Sat, 01 Aug 2015 11:33:18 +0530 https://www.taxtmi.com/highlights?id=24025