https://www.taxtmi.com/caselaws?id=32876 The appeal was partly allowed by the Appellate Tribunal CESTAT, Mumbai, reducing the penalties imposed on the appellants for evasion of service tax in the case involving M/s. Atul Sales Corporation. The Commissioner upheld the confirmation of service tax and interest, citing intentional evasion of service tax by misdeclaring charges. However, considering the harshness of the penalties, the Commissioner exercised discretion to reduce the penalties under sections 76 and 78 to Rs. 40,000 and Rs. 1,00,000, respectively, to ensure justice and compliance with tax regulations. en-us Tue, 11 Nov 2008 00:00:00 +0530 Fri, 05 Jun 2009 09:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32876 The appeal was partly allowed by the Appellate Tribunal CESTAT, Mumbai, reducing the penalties imposed on the appellants for evasion of service tax in the case involving M/s. Atul Sales Corporation. The Commissioner upheld the confirmation of service tax and interest, citing intentional evasion of service tax by misdeclaring charges. However, considering the harshness of the penalties, the Commissioner exercised discretion to reduce the penalties under sections 76 and 78 to Rs. 40,000 and Rs. 1,00,000, respectively, to ensure justice and compliance with tax regulations. Case-Laws Service Tax Tue, 11 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32876