https://www.taxtmi.com/caselaws?id=201536 The Tribunal dismissed the appellant's claim for waiver of penalty under Amnesty Circular No. 18/04-S.T., as the Circular did not apply retroactively. Despite delayed tax payment, the appellant's compliance with interest payments and lack of mala fide intent led to the waiver of the penalty. The Tribunal also considered Section 73(3) of the Finance Act, 1994, agreeing that no show cause notice should have been issued after tax discharge. Ultimately, the penalty was waived based on the appellant's prompt payment, absence of mala fide intent, and the provisions of Section 73(3), with Section 78 found inapplicable. en-us Wed, 14 Jul 2010 00:00:00 +0530 Thu, 13 Jan 2011 23:55:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201536 The Tribunal dismissed the appellant's claim for waiver of penalty under Amnesty Circular No. 18/04-S.T., as the Circular did not apply retroactively. Despite delayed tax payment, the appellant's compliance with interest payments and lack of mala fide intent led to the waiver of the penalty. The Tribunal also considered Section 73(3) of the Finance Act, 1994, agreeing that no show cause notice should have been issued after tax discharge. Ultimately, the penalty was waived based on the appellant's prompt payment, absence of mala fide intent, and the provisions of Section 73(3), with Section 78 found inapplicable. Case-Laws Service Tax Wed, 14 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201536