https://www.taxtmi.com/caselaws?id=772335 CESTAT Chennai held that penalty under Section 78 of Finance Act, 1994 was not justified where appellant had paid service tax through self-assessment before show cause notice issuance. Despite shortfall of Rs.6.12 lakhs from total demand of Rs.1.25 crores, appellant had paid Rs.1.19 crores and interest of Rs.5.18 lakhs before notice dated 10.04.2013. Court found no justification for invoking extended period as matter should have been settled under Section 73(3). Penalty under Section 78 was set aside but late fee of Rs.1.03 lakhs under Section 70 was confirmed for delayed filing of returns. Appeal allowed partially. en-us Tue, 03 Jun 2025 00:00:00 +0530 Sat, 07 Jun 2025 08:32:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=772335 CESTAT Chennai held that penalty under Section 78 of Finance Act, 1994 was not justified where appellant had paid service tax through self-assessment before show cause notice issuance. Despite shortfall of Rs.6.12 lakhs from total demand of Rs.1.25 crores, appellant had paid Rs.1.19 crores and interest of Rs.5.18 lakhs before notice dated 10.04.2013. Court found no justification for invoking extended period as matter should have been settled under Section 73(3). Penalty under Section 78 was set aside but late fee of Rs.1.03 lakhs under Section 70 was confirmed for delayed filing of returns. Appeal allowed partially. Case-Laws Service Tax Tue, 03 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=772335