28 February 2012
Maximum penalty upto 20000 leviable based on case to case. If you have proper records / reasons you can defend your case with the concerned officer.
28 February 2012
Maximum penalty viz., Rs.20,000/- as per rule 7C of the Service tax Rules,1994 can be imposed in this case. However, if there is no tax liability, the jurisdictional officer has power to waive the penalty.
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