https://www.taxtmi.com/caselaws?id=236856 The Appellate Tribunal CESTAT Bangalore set aside the penalty imposed on the appellant under Section 76 of the Finance Act 1994. The Tribunal relied on explanation (2) to sub-section (3) of section 73 of the Act, which exempts penalties when service tax is paid with interest before the issuance of a show-cause notice. The decision clarified that penalties should not be imposed in cases where service tax is paid under the specified conditions without the need for a notice. The appeal was allowed, and the stay application was disposed of accordingly. en-us Tue, 29 Jan 2013 00:00:00 +0530 Tue, 09 Sep 2014 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236856 The Appellate Tribunal CESTAT Bangalore set aside the penalty imposed on the appellant under Section 76 of the Finance Act 1994. The Tribunal relied on explanation (2) to sub-section (3) of section 73 of the Act, which exempts penalties when service tax is paid with interest before the issuance of a show-cause notice. The decision clarified that penalties should not be imposed in cases where service tax is paid under the specified conditions without the need for a notice. The appeal was allowed, and the stay application was disposed of accordingly. Case-Laws Service Tax Tue, 29 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236856