https://www.taxtmi.com/caselaws?id=326923 The Tribunal partially allowed the appeal in a case involving incorrect Service Tax payment by the Appellants for the period 2002-03 to 2006-07. The Appellants were found liable for short payment of Service Tax due to incorrect calculation of taxable value, leading to the imposition of penalty and interest. The Tribunal modified the order, allowing the Appellants to pay 25% of the penalty upon meeting specified conditions under Section 78 of the Finance Act, 1994, based on a relevant judgment principle. en-us Wed, 06 Apr 2016 00:00:00 +0530 Tue, 26 Apr 2016 12:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326923 The Tribunal partially allowed the appeal in a case involving incorrect Service Tax payment by the Appellants for the period 2002-03 to 2006-07. The Appellants were found liable for short payment of Service Tax due to incorrect calculation of taxable value, leading to the imposition of penalty and interest. The Tribunal modified the order, allowing the Appellants to pay 25% of the penalty upon meeting specified conditions under Section 78 of the Finance Act, 1994, based on a relevant judgment principle. Case-Laws Service Tax Wed, 06 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326923