https://www.taxtmi.com/caselaws?id=4389 The Tribunal granted the appellant's application for waiver of pre-deposit and stay of penalties under sections 76 and 77 of the Finance Act, 1994. The appellant's challenge against the demand of service tax based on inaccurate quantification was partially successful. The Tribunal acknowledged the appellant's unfamiliarity with tax laws and lack of mala fide intention in late payments. Consequently, the Tribunal directed the appellant to pay reduced penalties of Rs. 20,000 under section 76 and Rs. 500 under section 77, taking into account the payments already made, thereby disposing of the appeal. en-us Fri, 06 Jul 2007 00:00:00 +0530 Wed, 02 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4389 The Tribunal granted the appellant's application for waiver of pre-deposit and stay of penalties under sections 76 and 77 of the Finance Act, 1994. The appellant's challenge against the demand of service tax based on inaccurate quantification was partially successful. The Tribunal acknowledged the appellant's unfamiliarity with tax laws and lack of mala fide intention in late payments. Consequently, the Tribunal directed the appellant to pay reduced penalties of Rs. 20,000 under section 76 and Rs. 500 under section 77, taking into account the payments already made, thereby disposing of the appeal. Case-Laws Service Tax Fri, 06 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4389