https://www.taxtmi.com/caselaws?id=67 Late filing of service tax returns attracted penalty under Section 77 of the Finance Act, 1994, and the Tribunal applied the law in force on the date of the show cause notice. Because the notice was issued after the amendment limiting the penalty, the maximum penalty could not exceed the amended ceiling of Rs. 2,000. The assessee's plea of reasonable cause under Section 80 was not accepted, as the explanation for delay was found unconvincing, so the penalty was sustained but confined to the statutory maximum. en-us Wed, 07 Nov 2001 00:00:00 +0530 Wed, 02 Jul 2008 18:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67 Late filing of service tax returns attracted penalty under Section 77 of the Finance Act, 1994, and the Tribunal applied the law in force on the date of the show cause notice. Because the notice was issued after the amendment limiting the penalty, the maximum penalty could not exceed the amended ceiling of Rs. 2,000. The assessee's plea of reasonable cause under Section 80 was not accepted, as the explanation for delay was found unconvincing, so the penalty was sustained but confined to the statutory maximum. Case-Laws Service Tax Wed, 07 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67