https://www.taxtmi.com/caselaws?id=754573 CESTAT Hyderabad held that appellant was not entitled to 25% penalty reduction under second proviso to Section 78(1) of Finance Act 1994, as service tax and interest were not paid within 30 days of the original order dated 31.05.2022. However, appellant was granted 50% penalty benefit under first proviso for period 08.04.2011 to 14.05.2015 based on maintained transaction records, as confirmed by Commissioner (Appeals). For subsequent period, 100% penalty applies. Appellant directed to calculate total penalty liability and submit to jurisdictional authority with proof of payment. en-us Mon, 24 Jun 2024 00:00:00 +0530 Wed, 26 Jun 2024 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754573 CESTAT Hyderabad held that appellant was not entitled to 25% penalty reduction under second proviso to Section 78(1) of Finance Act 1994, as service tax and interest were not paid within 30 days of the original order dated 31.05.2022. However, appellant was granted 50% penalty benefit under first proviso for period 08.04.2011 to 14.05.2015 based on maintained transaction records, as confirmed by Commissioner (Appeals). For subsequent period, 100% penalty applies. Appellant directed to calculate total penalty liability and submit to jurisdictional authority with proof of payment. Case-Laws Service Tax Mon, 24 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754573