Penalty leviable even if service tax is paid before SCN

Sumit Grover , Last updated: 29 December 2014 Share Follow on Google News

Recently, Honble Karnataka High Court in the matter of K. Madhav Kamath Brother Co. v. Asst. Comm. of Central Excise, pronounced that even if service tax is paid prior to Show Cause Notice, still the penalty shall be leviable u/s 76/78, 77 of Finance Act94. Brief facts of the case: a

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About the Author

Sumit Grover

Chartered Accountant

Hi Friends! My Name is Sumit Grover PCC--All INDIA Rank 33 in June09 Final--Cracked in first Attempt in May11 secured 62%(became CA at the age of 21) Other--ClearedCertificate Course on Indirect Taxes by ICAI Contact Details: Mobile No.- +91-9910946323 Email id:-sumitgrover.ca @ ... Read more

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