https://www.taxtmi.com/caselaws?id=349300 The Tribunal held that individual directors and employees cannot be penalized under Section 77(2) of the Finance Act, 1994, as the provision applies solely to the company. It ruled that penal provisions cannot be applied retrospectively and that the responsibility to comply with service tax provisions rests with the company, not its directors or employees. The Tribunal set aside the penalties imposed on the appellants, emphasizing that without specific provisions penalizing individuals, no personal penalties can be imposed for the company's service tax evasion. en-us Tue, 26 Sep 2017 00:00:00 +0530 Fri, 27 Apr 2018 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349300 The Tribunal held that individual directors and employees cannot be penalized under Section 77(2) of the Finance Act, 1994, as the provision applies solely to the company. It ruled that penal provisions cannot be applied retrospectively and that the responsibility to comply with service tax provisions rests with the company, not its directors or employees. The Tribunal set aside the penalties imposed on the appellants, emphasizing that without specific provisions penalizing individuals, no personal penalties can be imposed for the company's service tax evasion. Case-Laws Service Tax Tue, 26 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349300