https://www.taxtmi.com/caselaws?id=269860 The Appellate Tribunal CESTAT NEW DELHI upheld service tax demands and penalties due to deliberate short payment by the appellants for Security Agency Service. The Tribunal rejected the appellants' claim of financial hardship as a reason for delayed payment, emphasizing the lack of malafide intention. However, the Tribunal granted the benefit of reduced penalty under Section 78 of the Finance Act, following a Gujarat High Court judgment, reducing the penalty amount in one appeal by 25% upon timely payment within 30 days. en-us Tue, 18 Nov 2014 00:00:00 +0530 Fri, 13 May 2016 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269860 The Appellate Tribunal CESTAT NEW DELHI upheld service tax demands and penalties due to deliberate short payment by the appellants for Security Agency Service. The Tribunal rejected the appellants' claim of financial hardship as a reason for delayed payment, emphasizing the lack of malafide intention. However, the Tribunal granted the benefit of reduced penalty under Section 78 of the Finance Act, following a Gujarat High Court judgment, reducing the penalty amount in one appeal by 25% upon timely payment within 30 days. Case-Laws Service Tax Tue, 18 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269860