https://www.taxtmi.com/caselaws?id=4417 The court upheld the imposition of a penalty under Section 76 of the Finance Act for failure to pay service tax, emphasizing the mandatory nature of the penalty. The appellant's argument that payment with interest before the show cause notice should negate the penalty was rejected, as Section 76 applies strictly to timely tax payment. Additionally, invoking Section 80 for non-imposition of penalty due to reasonable cause was unsuccessful, as the appellant's claim of ignorance regarding tax liability was deemed inadequate. The appeal was dismissed, affirming the penalty under Section 76 due to the appellant's failure to pay tax on time without a valid excuse. en-us Mon, 11 Feb 2008 00:00:00 +0530 Wed, 30 Apr 2014 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4417 The court upheld the imposition of a penalty under Section 76 of the Finance Act for failure to pay service tax, emphasizing the mandatory nature of the penalty. The appellant's argument that payment with interest before the show cause notice should negate the penalty was rejected, as Section 76 applies strictly to timely tax payment. Additionally, invoking Section 80 for non-imposition of penalty due to reasonable cause was unsuccessful, as the appellant's claim of ignorance regarding tax liability was deemed inadequate. The appeal was dismissed, affirming the penalty under Section 76 due to the appellant's failure to pay tax on time without a valid excuse. Case-Laws Service Tax Mon, 11 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4417