https://www.taxtmi.com/caselaws?id=233469 The appellant, involved in a contract for technical assessment with a US-based company, faced service tax liability and penalties under Sections 76 and 78 of the Finance Act. The appellant contended confusion regarding taxability and the reverse charge mechanism. The court found that penalties should not be automatic and considered reasonable cause. Relying on a High Court precedent, the penalties under Sections 76 & 78 were set aside under Section 80 of the Finance Act. The appeal succeeded, overturning the penalties imposed by the lower authorities. en-us Thu, 31 Jan 2013 00:00:00 +0530 Wed, 09 Jul 2014 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233469 The appellant, involved in a contract for technical assessment with a US-based company, faced service tax liability and penalties under Sections 76 and 78 of the Finance Act. The appellant contended confusion regarding taxability and the reverse charge mechanism. The court found that penalties should not be automatic and considered reasonable cause. Relying on a High Court precedent, the penalties under Sections 76 & 78 were set aside under Section 80 of the Finance Act. The appeal succeeded, overturning the penalties imposed by the lower authorities. Case-Laws Service Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233469