https://www.taxtmi.com/caselaws?id=45 Late filing of ST-3 returns by a new assessee under the service tax regime was treated with leniency where the returns were the initial filings and the tax involved was small. Relying on earlier Tribunal decisions, the penalty under Section 77 of the Finance Act, 1994 was viewed as excessive if maintained at the original amount, and was therefore reduced. Partial relief was granted by lowering the penalty from Rs. 9,700 to Rs. 1,000. en-us Fri, 12 May 2000 00:00:00 +0530 Wed, 02 Jul 2008 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45 Late filing of ST-3 returns by a new assessee under the service tax regime was treated with leniency where the returns were the initial filings and the tax involved was small. Relying on earlier Tribunal decisions, the penalty under Section 77 of the Finance Act, 1994 was viewed as excessive if maintained at the original amount, and was therefore reduced. Partial relief was granted by lowering the penalty from Rs. 9,700 to Rs. 1,000. Case-Laws Service Tax Fri, 12 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45