https://www.taxtmi.com/caselaws?id=330765 The appeal challenging the penalty imposition under Section 76 for non-payment of service tax was dismissed. The appellant, a shipping company, claimed financial hardship as a reasonable cause for the delay, seeking benefit under Section 80 of the Finance Act. However, the judge ruled that financial difficulty did not justify waiving the penalty when the statutory payment was not made on time. Despite the appellant's lack of intention to evade tax, the judge upheld the penalty imposition, emphasizing that no reasonable cause was demonstrated for the delay. The appeal was dismissed, affirming the penalty under Section 76. en-us Fri, 22 Jul 2016 00:00:00 +0530 Thu, 04 Aug 2016 14:06:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330765 The appeal challenging the penalty imposition under Section 76 for non-payment of service tax was dismissed. The appellant, a shipping company, claimed financial hardship as a reasonable cause for the delay, seeking benefit under Section 80 of the Finance Act. However, the judge ruled that financial difficulty did not justify waiving the penalty when the statutory payment was not made on time. Despite the appellant's lack of intention to evade tax, the judge upheld the penalty imposition, emphasizing that no reasonable cause was demonstrated for the delay. The appeal was dismissed, affirming the penalty under Section 76. Case-Laws Service Tax Fri, 22 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330765