https://www.taxtmi.com/caselaws?id=364633 The Tribunal upheld penalties under Section 76 against the appellants for failing to pay service tax on time, despite financial difficulties. The appellants' argument of financial constraints and delayed client payments was not accepted, as they collected but did not deposit the tax. Precedents were cited to support the decision, emphasizing the obligation to promptly deposit collected taxes. The judgment, dated 31.07.2018, affirmed the penalties for non-compliance with service tax payment deadlines. en-us Tue, 31 Jul 2018 00:00:00 +0530 Thu, 02 Aug 2018 07:50:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364633 The Tribunal upheld penalties under Section 76 against the appellants for failing to pay service tax on time, despite financial difficulties. The appellants' argument of financial constraints and delayed client payments was not accepted, as they collected but did not deposit the tax. Precedents were cited to support the decision, emphasizing the obligation to promptly deposit collected taxes. The judgment, dated 31.07.2018, affirmed the penalties for non-compliance with service tax payment deadlines. Case-Laws Service Tax Tue, 31 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364633