https://www.taxtmi.com/caselaws?id=355151 The Tribunal set aside a penalty of Rs. 40,000 imposed on the appellant for late filing of service tax returns, confirming a penalty of Rs. 1,000 under Section 77(2) of the Finance Act, 1994. It was found that no additional penalty under Section 70 could be levied when a penalty was imposed under Section 77(2). The Tribunal also overturned the imposition of late fees on the appellant, emphasizing that when a penalty under Rule 7 is imposed, late fees cannot be levied. The decision ensured that penalties were correctly applied without excessiveness. en-us Fri, 24 Nov 2017 00:00:00 +0530 Sat, 10 Feb 2018 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355151 The Tribunal set aside a penalty of Rs. 40,000 imposed on the appellant for late filing of service tax returns, confirming a penalty of Rs. 1,000 under Section 77(2) of the Finance Act, 1994. It was found that no additional penalty under Section 70 could be levied when a penalty was imposed under Section 77(2). The Tribunal also overturned the imposition of late fees on the appellant, emphasizing that when a penalty under Rule 7 is imposed, late fees cannot be levied. The decision ensured that penalties were correctly applied without excessiveness. Case-Laws Service Tax Fri, 24 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355151