Penalty should not exceed 25% if service tax deposited before issue of SCN

HIGH COURT OF DELHI Meinhardt Singapore Pte. Ltd. Versus Commissioner of Central Excise CEAC NO. 8 OF 2012 CM APPL. NO. 3458 OF 2012 OCTOBER 3, 2012 JUDGMENT S. Ravindra Bhat, J. – Admit. With consent of counsel for the parties, matter was heard for disposal. 2. The substantial question of law with arises for consideration is whether the Tribunal fell into error in directing payment of 25% of the tax amount towards the penalty demand made in the Order in Original impugned before it in entirety. 3. The facts which are not in dispute are that the appellant/assessee had con...