https://www.taxtmi.com/caselaws?id=235544 The Appellate Tribunal CESTAT Bangalore addressed penalties under the Finance Act, 1994, in a case involving recovery agents liable for service tax. Despite acknowledging the service tax liability paid by the appellants, penalties under Sections 76 and 78 were set aside due to reasonable cause shown, invoking Section 80. However, a penalty of Rs.10,000 under Section 77 was upheld for delays in filing returns. The Tribunal considered personal hardships faced by the appellants but found no merit in the appeal for Section 77 penalty. The appeal was disposed of accordingly. en-us Thu, 13 Jun 2013 00:00:00 +0530 Tue, 07 Jan 2014 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235544 The Appellate Tribunal CESTAT Bangalore addressed penalties under the Finance Act, 1994, in a case involving recovery agents liable for service tax. Despite acknowledging the service tax liability paid by the appellants, penalties under Sections 76 and 78 were set aside due to reasonable cause shown, invoking Section 80. However, a penalty of Rs.10,000 under Section 77 was upheld for delays in filing returns. The Tribunal considered personal hardships faced by the appellants but found no merit in the appeal for Section 77 penalty. The appeal was disposed of accordingly. Case-Laws Service Tax Thu, 13 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235544