https://www.taxtmi.com/caselaws?id=205552 The High Court upheld the Tribunal's decision in a case involving the remand for re-quantification of demand and penalty imposition under Section 80 of the Finance Act, 1994. The Tribunal required re-quantification of demand for service tax with benefit extension to the respondent, setting aside penalties due to lack of suppression or intent to evade tax. The Court dismissed the appeal, emphasizing the significance of reasonable cause and revenue awareness in penalty determinations under the Finance Act, 1994. en-us Thu, 18 Mar 2010 00:00:00 +0530 Mon, 27 Feb 2023 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205552 The High Court upheld the Tribunal's decision in a case involving the remand for re-quantification of demand and penalty imposition under Section 80 of the Finance Act, 1994. The Tribunal required re-quantification of demand for service tax with benefit extension to the respondent, setting aside penalties due to lack of suppression or intent to evade tax. The Court dismissed the appeal, emphasizing the significance of reasonable cause and revenue awareness in penalty determinations under the Finance Act, 1994. Case-Laws Service Tax Thu, 18 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205552