https://www.taxtmi.com/caselaws?id=369408 The appellate tribunal nullified the penalty imposed under Section 76 of the Finance Act, 1994, on the appellants for delayed payment of service tax. The tribunal considered the regular payment history of the appellants, attributed the delay to financial constraints, and found no fraudulent intent. Consequently, the tribunal deemed the penalty unjustified and set it aside, allowing the appeal against the penalty under Section 76. en-us Tue, 16 Oct 2018 00:00:00 +0530 Wed, 21 Nov 2018 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369408 The appellate tribunal nullified the penalty imposed under Section 76 of the Finance Act, 1994, on the appellants for delayed payment of service tax. The tribunal considered the regular payment history of the appellants, attributed the delay to financial constraints, and found no fraudulent intent. Consequently, the tribunal deemed the penalty unjustified and set it aside, allowing the appeal against the penalty under Section 76. Case-Laws Service Tax Tue, 16 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369408