https://www.taxtmi.com/caselaws?id=216430 The Appellate Tribunal CESTAT, CHENNAI confirmed a demand of service tax with penalties imposed under Sections 76 and 77 of the Finance Act, 1994 against an exporter for non-payment of service tax. The appellant, citing business constraints, sought waiver of penalties under Section 80, arguing for revenue-neutrality due to their status as exporters. The Tribunal, considering past cases and availability of the paid tax as a refund, invoked Section 80 to waive the penalty under Section 76, providing relief to the appellant based on the circumstances and legal provisions. en-us Wed, 22 Aug 2012 00:00:00 +0530 Fri, 07 Sep 2012 12:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216430 The Appellate Tribunal CESTAT, CHENNAI confirmed a demand of service tax with penalties imposed under Sections 76 and 77 of the Finance Act, 1994 against an exporter for non-payment of service tax. The appellant, citing business constraints, sought waiver of penalties under Section 80, arguing for revenue-neutrality due to their status as exporters. The Tribunal, considering past cases and availability of the paid tax as a refund, invoked Section 80 to waive the penalty under Section 76, providing relief to the appellant based on the circumstances and legal provisions. Case-Laws Service Tax Wed, 22 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216430