https://www.taxtmi.com/caselaws?id=217433 The appeal against penalties under the Finance Act, 1994 for short-payment of service tax on inward transportation services was successful. The Tribunal granted the benefit of Section 80 to the appellants as they promptly paid the service tax upon detection and did not contest the liability. Consequently, the penalties imposed under the Finance Act were waived, emphasizing the significance of proving bonafide mistakes and prompt tax payment to seek relief from penalties under the relevant provisions of the Act. en-us Thu, 06 Sep 2012 00:00:00 +0530 Wed, 03 Oct 2012 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217433 The appeal against penalties under the Finance Act, 1994 for short-payment of service tax on inward transportation services was successful. The Tribunal granted the benefit of Section 80 to the appellants as they promptly paid the service tax upon detection and did not contest the liability. Consequently, the penalties imposed under the Finance Act were waived, emphasizing the significance of proving bonafide mistakes and prompt tax payment to seek relief from penalties under the relevant provisions of the Act. Case-Laws Service Tax Thu, 06 Sep 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217433