https://www.taxtmi.com/caselaws?id=366578 The Tribunal partially allowed the appeal filed by the Revenue, setting aside the waiver of penalties under Sections 76 and 78 of the Finance Act, 1994. The Tribunal found the imposition of penalties under Section 76 justified due to the respondent's failure to pay Service Tax until detected by an audit, despite a High Court decision clarifying the liability. The respondent's availing of CENVAT Credit was acknowledged, but the Tribunal deemed the delayed payment upon audit notification as sufficient grounds for imposing penalties under Section 76. en-us Fri, 24 Aug 2018 00:00:00 +0530 Fri, 07 Sep 2018 07:57:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366578 The Tribunal partially allowed the appeal filed by the Revenue, setting aside the waiver of penalties under Sections 76 and 78 of the Finance Act, 1994. The Tribunal found the imposition of penalties under Section 76 justified due to the respondent's failure to pay Service Tax until detected by an audit, despite a High Court decision clarifying the liability. The respondent's availing of CENVAT Credit was acknowledged, but the Tribunal deemed the delayed payment upon audit notification as sufficient grounds for imposing penalties under Section 76. Case-Laws Service Tax Fri, 24 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366578