https://www.taxtmi.com/caselaws?id=237636 The appellant, involved in importing goods, faced a service tax liability issue. Despite prompt partial payment, a penalty equal to the remaining amount was imposed. The appellant argued for benefit under section 73(3) of the Finance Act, 1994, or penalty waiver due to difficulties in understanding tax provisions. The Revenue contended suppression of information. The court ruled in favor of the appellant, finding eligibility for section 73(3) benefit and waived the penalty, as there was no suppression or fraud. The appeal was allowed, and the penalty was set aside. en-us Fri, 06 Sep 2013 00:00:00 +0530 Thu, 23 Feb 2017 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237636 The appellant, involved in importing goods, faced a service tax liability issue. Despite prompt partial payment, a penalty equal to the remaining amount was imposed. The appellant argued for benefit under section 73(3) of the Finance Act, 1994, or penalty waiver due to difficulties in understanding tax provisions. The Revenue contended suppression of information. The court ruled in favor of the appellant, finding eligibility for section 73(3) benefit and waived the penalty, as there was no suppression or fraud. The appeal was allowed, and the penalty was set aside. Case-Laws Service Tax Fri, 06 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237636