https://www.taxtmi.com/highlights?id=61107 Levy of penalty - Both the lower authorities have erred in confirming the penalty as it is a settled principle that when tax is paid along with interest before issuance of SCN (other than cases of suppression or willful mis-statement), the Department cannot issue SCN in terms of section 73(3) of the Finance Act, 1994 - In the instant case of the Respondent, the Department has mechanically issued SCN alleging suppression of facts without according any reasons for such allegation. - AT en-us Fri, 24 Dec 2021 11:19:26 +0530 Fri, 24 Dec 2021 11:19:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61107 Levy of penalty - Both the lower authorities have erred in confirming the penalty as it is a settled principle that when tax is paid along with interest before issuance of SCN (other than cases of suppression or willful mis-statement), the Department cannot issue SCN in terms of section 73(3) of the Finance Act, 1994 - In the instant case of the Respondent, the Department has mechanically issued SCN alleging suppression of facts without according any reasons for such allegation. - AT Highlights Service Tax Fri, 24 Dec 2021 11:19:26 +0530 https://www.taxtmi.com/highlights?id=61107