https://www.taxtmi.com/caselaws?id=800528 Collection of service tax from recipients requires immediate deposit under the Finance Act, 1994. Non-deposit of collected tax, coupled with non-disclosure in balance sheets and failure to file statutory returns, constitutes suppression of facts and intentional evasion for invoking the extended limitation period under the proviso to section 73(1). A confirmed service-tax demand attracts statutory interest under section 75. Failure to pay collected tax may attract penalty under section 77, while suppression of facts justifies penalty under section 78. Liability for collected, undisclosed and unpaid service tax remains enforceable with consequential interest and penalties. en-us Tue, 29 Sep 2026 00:00:00 +0530 Thu, 08 Oct 2026 08:45:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800528 Collection of service tax from recipients requires immediate deposit under the Finance Act, 1994. Non-deposit of collected tax, coupled with non-disclosure in balance sheets and failure to file statutory returns, constitutes suppression of facts and intentional evasion for invoking the extended limitation period under the proviso to section 73(1). A confirmed service-tax demand attracts statutory interest under section 75. Failure to pay collected tax may attract penalty under section 77, while suppression of facts justifies penalty under section 78. Liability for collected, undisclosed and unpaid service tax remains enforceable with consequential interest and penalties. Case-Laws Service Tax Tue, 29 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800528