https://www.taxtmi.com/caselaws?id=373956 The court modified the Tribunal's decision to reduce the penalty under Section 78 of the Finance Act, 1994 from 25% to 10% of the original amount imposed. The court emphasized the need for findings on intent to evade service tax, which were lacking. The assessee's repeated delays in tax payments were considered as mitigating factors. The judgment specified compliance within a week to lift the bank account attachment. The appeal was partly allowed, with substantial legal questions remaining open and no costs imposed. en-us Thu, 03 Jan 2019 00:00:00 +0530 Wed, 28 Aug 2019 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373956 The court modified the Tribunal's decision to reduce the penalty under Section 78 of the Finance Act, 1994 from 25% to 10% of the original amount imposed. The court emphasized the need for findings on intent to evade service tax, which were lacking. The assessee's repeated delays in tax payments were considered as mitigating factors. The judgment specified compliance within a week to lift the bank account attachment. The appeal was partly allowed, with substantial legal questions remaining open and no costs imposed. Case-Laws Service Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373956