https://www.taxtmi.com/caselaws?id=391232 The High Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision, ruling that the appellant was not entitled to pay a reduced penalty under Section 78 of the Finance Act, 1994, as they failed to deposit the required percentage of the penalty amount within the specified time frame. The tribunal's reliance on previous decisions emphasizing timely penalty payments was deemed relevant, and the appellant's appeal was dismissed. en-us Tue, 07 Jan 2020 00:00:00 +0530 Thu, 23 Jan 2020 08:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=391232 The High Court upheld the Customs, Excise and Service Tax Appellate Tribunal's decision, ruling that the appellant was not entitled to pay a reduced penalty under Section 78 of the Finance Act, 1994, as they failed to deposit the required percentage of the penalty amount within the specified time frame. The tribunal's reliance on previous decisions emphasizing timely penalty payments was deemed relevant, and the appellant's appeal was dismissed. Case-Laws Service Tax Tue, 07 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=391232