https://www.taxtmi.com/caselaws?id=217469 The Appellate Tribunal confirmed a Service Tax liability of Rs. 2,61,309 against the appellant for services received from foreign collaborators. However, the penalties imposed on the appellant were overturned. The Tribunal held that services from abroad were not taxable until 18.4.06, and the appellant's failure to pay the service tax amount was not deliberate, as they had paid excise duty and the service tax amount was available as credit. Consequently, the Tribunal invoked section 80 of the Finance Act, setting aside the penalties while confirming the service tax demand. en-us Fri, 18 May 2012 00:00:00 +0530 Mon, 15 Oct 2012 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217469 The Appellate Tribunal confirmed a Service Tax liability of Rs. 2,61,309 against the appellant for services received from foreign collaborators. However, the penalties imposed on the appellant were overturned. The Tribunal held that services from abroad were not taxable until 18.4.06, and the appellant's failure to pay the service tax amount was not deliberate, as they had paid excise duty and the service tax amount was available as credit. Consequently, the Tribunal invoked section 80 of the Finance Act, setting aside the penalties while confirming the service tax demand. Case-Laws Service Tax Fri, 18 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217469