https://www.taxtmi.com/caselaws?id=359994 The appeal against the rejection of the appeal by the Commissioner for non-payment of service tax and penalties under Sections 77 and 78 of the Finance Act, 1994 was dismissed. The tribunal found the appellant had collected but not deposited service tax, justifying penalties. However, considering timely filing of returns with penalties and lack of inordinate delay in payment, the penalty was reduced to 25% of the service tax amount if paid within one month. Failure to pay within the specified period would result in the full penalty under Section 78. en-us Thu, 12 Apr 2018 00:00:00 +0530 Tue, 08 May 2018 08:03:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=359994 The appeal against the rejection of the appeal by the Commissioner for non-payment of service tax and penalties under Sections 77 and 78 of the Finance Act, 1994 was dismissed. The tribunal found the appellant had collected but not deposited service tax, justifying penalties. However, considering timely filing of returns with penalties and lack of inordinate delay in payment, the penalty was reduced to 25% of the service tax amount if paid within one month. Failure to pay within the specified period would result in the full penalty under Section 78. Case-Laws Service Tax Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=359994