https://www.taxtmi.com/caselaws?id=343224 The appeal was dismissed as the appellants provided a false declaration under the VCES scheme, leading to discrepancies in tax dues. Despite paying the tax liability, the delay in payment and the false declaration with malafide intention resulted in the imposition of penalties under Section 78 and interest. The appellants' argument that the penalty should be waived due to payment of the tax amount and interest was rejected. The Member (Judicial) upheld the order confirming the penalty and interest, emphasizing the significance of the false declaration and malafide intent in denying relief under the VCES scheme. en-us Mon, 17 Apr 2017 00:00:00 +0530 Sat, 20 May 2017 09:07:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343224 The appeal was dismissed as the appellants provided a false declaration under the VCES scheme, leading to discrepancies in tax dues. Despite paying the tax liability, the delay in payment and the false declaration with malafide intention resulted in the imposition of penalties under Section 78 and interest. The appellants' argument that the penalty should be waived due to payment of the tax amount and interest was rejected. The Member (Judicial) upheld the order confirming the penalty and interest, emphasizing the significance of the false declaration and malafide intent in denying relief under the VCES scheme. Case-Laws Service Tax Mon, 17 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343224