https://www.taxtmi.com/caselaws?id=240660 The Tribunal held that the provisions applicable at the time of payment would govern regarding liability to pay service tax on transportation services. M/s. Lima Polymers Ltd. was required to pay the demanded amount but could take credit of the Cenvat credit utilized upon payment in PLA along with interest. The Tribunal partially allowed the appeal by setting aside the penalties imposed on the appellants under Sections 76 and 78 of the Finance Act, 1994, emphasizing that invoking Section 80 necessitates full waiver from penalty. The appeals were disposed of without remitting the order for de novo consideration. en-us Fri, 25 Nov 2011 00:00:00 +0530 Mon, 09 Dec 2013 06:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240660 The Tribunal held that the provisions applicable at the time of payment would govern regarding liability to pay service tax on transportation services. M/s. Lima Polymers Ltd. was required to pay the demanded amount but could take credit of the Cenvat credit utilized upon payment in PLA along with interest. The Tribunal partially allowed the appeal by setting aside the penalties imposed on the appellants under Sections 76 and 78 of the Finance Act, 1994, emphasizing that invoking Section 80 necessitates full waiver from penalty. The appeals were disposed of without remitting the order for de novo consideration. Case-Laws Service Tax Fri, 25 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240660