https://www.taxtmi.com/highlights?id=42619 Penalty u/s 78 - when the assessee maintains specified records, the proviso appended to Section 78 of the Act, mandates that imposition of penalties should be restricted to 50% of the determined amount of service tax. en-us Wed, 14 Nov 2018 12:54:52 +0530 Wed, 14 Nov 2018 12:54:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42619 Penalty u/s 78 - when the assessee maintains specified records, the proviso appended to Section 78 of the Act, mandates that imposition of penalties should be restricted to 50% of the determined amount of service tax. Highlights Service Tax Wed, 14 Nov 2018 12:54:52 +0530 https://www.taxtmi.com/highlights?id=42619