Penalty Upheld for Not Informing Department About Adjusting Excess Service Tax Paid Against Future Liabilities, Section 77 Applied.

Penalty Upheld for Not Informing Department About Adjusting Excess Service Tax Paid Against Future Liabilities, Section 77 Applied. https://www.taxtmi.com/highlights?id=27099 Self adjustment of excess service tax paid towards payment of service tax during the subsequent period - appellants had not intimated the said adjustment to the department - Demand of duty and penalty set aside - levy of penalty of ₹ 5,000/- u/s 77 upheld - AT en-us Thu, 28 Jan 2016 13:45:27 +0530 Thu, 28 Jan 2016 13:45:27 +0530 TaxTMI RSS Generator Penalty Upheld for Not Informing Department About Adjusting Excess Service Tax Paid Against Future Liabilities, Section 77 Applied. https://www.taxtmi.com/highlights?id=27099 Self adjustment of excess service tax paid towards payment of service tax during the subsequent period - appellants had not intimated the said adjustment to the department - Demand of duty and penalty set aside - levy of penalty of ₹ 5,000/- u/s 77 upheld - AT Highlights Service Tax Thu, 28 Jan 2016 13:45:27 +0530 https://www.taxtmi.com/highlights?id=27099