https://www.taxtmi.com/caselaws?id=32591 The appellate court modified the penalties imposed on a security agency for service tax payment under the Finance Act, 1994. The penalty under Section 76 was set aside, while the penalty under Section 77 was upheld. The penalty under Section 78 was reduced significantly due to the agency not collecting service tax from clients. The court considered the appellant's payment timing, lack of client collections, and legal precedents in its decision, allowing the stay and appeal in a modified manner. en-us Wed, 19 Nov 2008 00:00:00 +0530 Fri, 24 Jul 2009 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32591 The appellate court modified the penalties imposed on a security agency for service tax payment under the Finance Act, 1994. The penalty under Section 76 was set aside, while the penalty under Section 77 was upheld. The penalty under Section 78 was reduced significantly due to the agency not collecting service tax from clients. The court considered the appellant's payment timing, lack of client collections, and legal precedents in its decision, allowing the stay and appeal in a modified manner. Case-Laws Service Tax Wed, 19 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32591