https://www.taxtmi.com/caselaws?id=379651 The tribunal upheld the penalty under Section 78 of the Finance Act, 1994 against the appellants for failing to deposit service tax collected on taxable services related to construction. Despite paying the due amount later, the tribunal found no entitlement to benefit under Section 73(3) of the Act. Citing precedents, the tribunal dismissed the appeal, affirming the imposition of penalties for non-remittance of collected service tax, emphasizing the importance of adhering to tax payment obligations. en-us Fri, 03 May 2019 00:00:00 +0530 Mon, 06 May 2019 08:13:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379651 The tribunal upheld the penalty under Section 78 of the Finance Act, 1994 against the appellants for failing to deposit service tax collected on taxable services related to construction. Despite paying the due amount later, the tribunal found no entitlement to benefit under Section 73(3) of the Act. Citing precedents, the tribunal dismissed the appeal, affirming the imposition of penalties for non-remittance of collected service tax, emphasizing the importance of adhering to tax payment obligations. Case-Laws Service Tax Fri, 03 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379651