Waiver under section 80 of finance act
This query is : Resolved
15 August 2011
Can Penalty under section 76 for non payment of service tax @ Rs 200 per day or 2% till the date of payment of service tax which ever is more,waived under section 80 of Finance Act
16 August 2011
Non payment of tax is illegal and on which penalty is liable to be imposed.....So according to me it can not be waived.
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