https://www.taxtmi.com/caselaws?id=233644 The appeal before the Appellate Tribunal CESTAT AHMEDABAD involved a case where the appellant, engaged in commercial and industrial construction services, faced delays in paying service tax from 2005 to 2008. The tribunal upheld the recovery of interest but set aside the penalty imposed under Section 76 due to the appellant's reasonable cause attributed to a slowdown in the realty sector during the relevant period. By invoking Section 80 of the Finance Act, 1994, the tribunal allowed the appeal, ultimately leading to the penalties imposed by lower authorities being overturned. en-us Thu, 31 Jan 2013 00:00:00 +0530 Mon, 01 Dec 2014 15:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=233644 The appeal before the Appellate Tribunal CESTAT AHMEDABAD involved a case where the appellant, engaged in commercial and industrial construction services, faced delays in paying service tax from 2005 to 2008. The tribunal upheld the recovery of interest but set aside the penalty imposed under Section 76 due to the appellant's reasonable cause attributed to a slowdown in the realty sector during the relevant period. By invoking Section 80 of the Finance Act, 1994, the tribunal allowed the appeal, ultimately leading to the penalties imposed by lower authorities being overturned. Case-Laws Service Tax Thu, 31 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=233644