Penalty Confirmed u/s 78 for Failure to Deposit Collected Service Tax; Financial Hardship Argument Rejected.

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....Imposition of penalty u/s 78 - Unable to understand that how the collected amount, which was required to be deposited, can lead to any financial hardship on the part of the assessee inasmuch as it was collected amount only which was required to be deposited - levy of penalty confirmed - AT....