Penalties Imposed for Evasion Under Finance Act 1994 Sections 76 & 78; Penalty Waiver Denied for Unremitted Service Tax.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Penalty u/s 76 and 78 of Finance Act, 1994 – There was suppression of material facts with intention to evade payment of service tax as it was already collected from service recipients but was not paid to department - waiver of penalty denied - AT....