Liability to pay penalty u/s 77 when assessee failed to register and file ST-3 Returns within prescribed time

Om Sai Fabricators Vs Commissioner of CE & ST (CESTAT Mumbai) Conclusion: As appellant had not taken registration and had not filed ST-3 returns within the prescribed time, penalty imposed under Section 77 was justified. Held: Appellant was liable to pay service tax of Rs.1,25,36,776.00 (Rupees one crore twenty five lakh thirty six thousand seven hundred seventy six only) during the period 2006-07 to 2008-09  under section 73(2) of the Finance Act, 1994. It was noted that the noticee was charging and collecting service tax from their clients on the taxable service provided but not deposit...