https://www.taxtmi.com/caselaws?id=75671 Penalty under Section 78 of the Finance Act, 1994 was held unsustainable where the assessee, a statutory welfare body, had undertaken training activities under a bona fide belief that service tax was not payable, sought clarification through its Ministry, and paid tax and interest promptly after clarification. In the absence of any material showing intent to evade tax, the Tribunal found reasonable cause for the default and applied Section 80 to waive the penalty. The penalty was set aside. en-us Tue, 25 Aug 2009 00:00:00 +0530 Fri, 26 Apr 2013 15:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75671 Penalty under Section 78 of the Finance Act, 1994 was held unsustainable where the assessee, a statutory welfare body, had undertaken training activities under a bona fide belief that service tax was not payable, sought clarification through its Ministry, and paid tax and interest promptly after clarification. In the absence of any material showing intent to evade tax, the Tribunal found reasonable cause for the default and applied Section 80 to waive the penalty. The penalty was set aside. Case-Laws Service Tax Tue, 25 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75671