Penalty for Failure to pay service tax

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.... facts or contravention of any of the provisions of this Chapter or of the rules made thereunder with the intent to evade payment of service tax, the person who has been served notice under sub-section (1) of section 73 shall, in addition to the service tax and interest specified in the notice, be also liable to pay a penalty not exceeding ten per cent. of the amount of such service tax: Provid....

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....the time within which the reduced penalty is payable under clause (ii) of the proviso to sub-section (1) in relation to such increased amount of penalty shall be counted from the date of the order of the Commissioner (Appeals), the Appellate Tribunal or the court, as the case may be.]     ********************** Notes : 1. Substituted by the Finance Act, 2006, w.e.f. 18-4-2....

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....ituted vide Finance Act, 2011, w.e.f. 8-4-2011, before it was read as, "two hundred rupees" 3. Substituted vide Finance Act, 2011, w.e.f. 8-4-2011, before it was read as, "two per cent" 4. Inserted vide Finance Act, 2011, w.e.f. 8-4-2011 5. Substituted vide Finance Act, 2011, w.e.f. 8-4-2011, before it was read as,            &nbsp....

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.... vide THE FINANCE ACT, 2015 w.e.f. 14th May 2015, before it was read as, "76. ^1Penalty for failure to or pay service tax Any person, liable to pay service tax in accordance with the provisions of section 68 or the rules made under this Chapter, who fails to pay such tax, shall pay, in addition to such tax and the interest on that tax amount in accordance with the provisions of section 75, a....