https://www.taxtmi.com/caselaws?id=31814 For short levy and delayed payment of service tax, penalty under Section 76 was upheld in principle because the tax demand was undisputed, interest had been paid, and the explanation for non-payment until departmental action was found unconvincing. However, the overall facts and circumstances justified reduction of the quantum as excessive. The penalty under Section 76 was therefore reduced to Rs. 5,000, while the penalty under Section 77 was left undisturbed. en-us Fri, 22 Jun 2007 00:00:00 +0530 Sat, 18 Jul 2009 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31814 For short levy and delayed payment of service tax, penalty under Section 76 was upheld in principle because the tax demand was undisputed, interest had been paid, and the explanation for non-payment until departmental action was found unconvincing. However, the overall facts and circumstances justified reduction of the quantum as excessive. The penalty under Section 76 was therefore reduced to Rs. 5,000, while the penalty under Section 77 was left undisturbed. Case-Laws Service Tax Fri, 22 Jun 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31814