https://www.taxtmi.com/caselaws?id=242186 The Appellate Tribunal CESTAT MUMBAI allowed the Revenue's appeal, restoring the order-in-original for service tax and interest but held that the respondents were not liable for penalties under Section 80 of the Finance Act. The Tribunal considered the genuine belief of the respondents and the circumstances surrounding their lack of awareness of service tax provisions during the initial period, concluding that they had a reasonable cause for their actions. The decision emphasized the importance of proving reasonable cause to avoid penalty imposition under the Finance Act. en-us Thu, 24 Oct 2013 00:00:00 +0530 Thu, 09 Jan 2014 09:46:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242186 The Appellate Tribunal CESTAT MUMBAI allowed the Revenue's appeal, restoring the order-in-original for service tax and interest but held that the respondents were not liable for penalties under Section 80 of the Finance Act. The Tribunal considered the genuine belief of the respondents and the circumstances surrounding their lack of awareness of service tax provisions during the initial period, concluding that they had a reasonable cause for their actions. The decision emphasized the importance of proving reasonable cause to avoid penalty imposition under the Finance Act. Case-Laws Service Tax Thu, 24 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242186