https://www.taxtmi.com/caselaws?id=34564 A clerical error in recording the payment date led to an incorrect assumption that service tax was delayed for one year and 12 days. On the record, tax and interest had been paid, and the actual delay was only 12 days. Penalty under Section 76 of the Finance Act was therefore recomputed on the correct period of delay and reduced to Rs. 1,200 at Rs. 100 per day, with relief granted to the assessee to that extent. en-us Wed, 15 Jul 2009 00:00:00 +0530 Thu, 06 May 2010 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34564 A clerical error in recording the payment date led to an incorrect assumption that service tax was delayed for one year and 12 days. On the record, tax and interest had been paid, and the actual delay was only 12 days. Penalty under Section 76 of the Finance Act was therefore recomputed on the correct period of delay and reduced to Rs. 1,200 at Rs. 100 per day, with relief granted to the assessee to that extent. Case-Laws Service Tax Wed, 15 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34564