https://www.taxtmi.com/caselaws?id=77747 Penalties under Sections 76, 77 and 78 of the Finance Act, 1994 were set aside because the assessee showed reasonable cause under Section 80. The service had entered the tax net only from 16-6-2005, and the assessee's bona fide belief about the scope of Notification No. 6/2005-S.T. and the exemption threshold was accepted. Mere non-registration was not treated as positive suppression of facts. As the service tax liability had been paid with interest, statutory relief from penalty was held available. en-us Wed, 30 Jun 2010 00:00:00 +0530 Thu, 07 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77747 Penalties under Sections 76, 77 and 78 of the Finance Act, 1994 were set aside because the assessee showed reasonable cause under Section 80. The service had entered the tax net only from 16-6-2005, and the assessee's bona fide belief about the scope of Notification No. 6/2005-S.T. and the exemption threshold was accepted. Mere non-registration was not treated as positive suppression of facts. As the service tax liability had been paid with interest, statutory relief from penalty was held available. Case-Laws Service Tax Wed, 30 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77747