https://www.taxtmi.com/caselaws?id=369240 The Appellate Tribunal CESTAT ALLAHABAD confirmed a demand for Service Tax under 'Security Services' for 2006-07 to 2010-11, amounting to Rs. 1,12,83,601. The penalty imposed under Section 78 of the Finance Act, 1994, equal to the confirmed tax amount, was challenged. The appellant sought a reduction in the penalty to 25%, citing legal precedents. The Tribunal, considering relevant case law, allowed the appellant to pay the duty, interest, and reduced penalty within 30 days, resulting in a penalty reduction to 25%. The appeal was disposed of, clarifying the interpretation of penalty provisions under Section 11AC. en-us Fri, 14 Sep 2018 00:00:00 +0530 Wed, 24 Oct 2018 08:56:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369240 The Appellate Tribunal CESTAT ALLAHABAD confirmed a demand for Service Tax under 'Security Services' for 2006-07 to 2010-11, amounting to Rs. 1,12,83,601. The penalty imposed under Section 78 of the Finance Act, 1994, equal to the confirmed tax amount, was challenged. The appellant sought a reduction in the penalty to 25%, citing legal precedents. The Tribunal, considering relevant case law, allowed the appellant to pay the duty, interest, and reduced penalty within 30 days, resulting in a penalty reduction to 25%. The appeal was disposed of, clarifying the interpretation of penalty provisions under Section 11AC. Case-Laws Service Tax Fri, 14 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369240