https://www.taxtmi.com/caselaws?id=221969 The Tribunal held that the penalty imposed under Section 78 of the Finance Act, 1994, for non-payment of service tax on transport of goods by road was not applicable to the appellants due to their reasonable cause for failure to pay. Despite being found liable for service tax, the appellants had a bona fide belief in their entitlement for exemption under Notification No.32/2004-ST and had paid service tax as credit. The Tribunal differentiated the case from deliberate violations, concluding that the penalty was not justified. As a result, the penalty was dropped, and the appeal was resolved in favor of the appellants. en-us Fri, 24 Aug 2012 00:00:00 +0530 Mon, 08 Apr 2013 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221969 The Tribunal held that the penalty imposed under Section 78 of the Finance Act, 1994, for non-payment of service tax on transport of goods by road was not applicable to the appellants due to their reasonable cause for failure to pay. Despite being found liable for service tax, the appellants had a bona fide belief in their entitlement for exemption under Notification No.32/2004-ST and had paid service tax as credit. The Tribunal differentiated the case from deliberate violations, concluding that the penalty was not justified. As a result, the penalty was dropped, and the appeal was resolved in favor of the appellants. Case-Laws Service Tax Fri, 24 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221969