https://www.taxtmi.com/caselaws?id=33734 The Tribunal upheld the imposition of penalties under Section 78 of the Finance Act, 1994, against the Respondents for deliberate evasion of service tax. The Commissioner (Appeals) had set aside the penalties, but the Tribunal found that the Respondents knowingly avoided tax payment, justifying the penalties. The Tribunal emphasized the significance of complying with tax obligations and affirmed the penalties for evasion, with provisions for penalty reduction upon timely tax payment. en-us Wed, 17 Sep 2008 00:00:00 +0530 Mon, 10 Aug 2009 15:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33734 The Tribunal upheld the imposition of penalties under Section 78 of the Finance Act, 1994, against the Respondents for deliberate evasion of service tax. The Commissioner (Appeals) had set aside the penalties, but the Tribunal found that the Respondents knowingly avoided tax payment, justifying the penalties. The Tribunal emphasized the significance of complying with tax obligations and affirmed the penalties for evasion, with provisions for penalty reduction upon timely tax payment. Case-Laws Service Tax Wed, 17 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33734