https://www.taxtmi.com/caselaws?id=215311 The Tribunal allowed the appeals filed by the appellant concerning service tax liability on business auxiliary services. It was found that the appellant had a bona fide belief that the services were not subject to service tax. Consequently, penalties imposed under sections 77 & 78 were set aside based on the provisions of section 80 of the Finance Act, 1994. The Tribunal rejected the Revenue's appeals for non-imposition of penalties, ultimately ruling in favor of the appellant. en-us Fri, 24 Feb 2012 00:00:00 +0530 Wed, 09 Jul 2014 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215311 The Tribunal allowed the appeals filed by the appellant concerning service tax liability on business auxiliary services. It was found that the appellant had a bona fide belief that the services were not subject to service tax. Consequently, penalties imposed under sections 77 & 78 were set aside based on the provisions of section 80 of the Finance Act, 1994. The Tribunal rejected the Revenue's appeals for non-imposition of penalties, ultimately ruling in favor of the appellant. Case-Laws Service Tax Fri, 24 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215311