https://www.taxtmi.com/caselaws?id=344674 The Tribunal allowed the appeal, directing the appellant to pay 25% of the penalty amount, totaling &8377; 2,39,243. The decision considered the appellant's financial difficulties due to the global recession, their closure of business, and failure to collect service tax from customers. Despite paying the entire dues with interest, the appellant was granted the benefit under Section 80 of the Act and entitled to the 25% penalty benefit under Section 78, in line with their arguments and legal references. en-us Mon, 23 Jan 2017 00:00:00 +0530 Thu, 22 Jun 2017 12:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344674 The Tribunal allowed the appeal, directing the appellant to pay 25% of the penalty amount, totaling &8377; 2,39,243. The decision considered the appellant's financial difficulties due to the global recession, their closure of business, and failure to collect service tax from customers. Despite paying the entire dues with interest, the appellant was granted the benefit under Section 80 of the Act and entitled to the 25% penalty benefit under Section 78, in line with their arguments and legal references. Case-Laws Service Tax Mon, 23 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344674