https://www.taxtmi.com/caselaws?id=247060 The Court affirmed the CESTAT's decision to delete penalties under sections 76, 77, and 78 of the Finance Act for an International Drilling Contractor liable for service tax in the mining sector. The respondent's belief that their activities did not constitute "Mining Services" was deemed reasonable, leading to the dismissal of penalties due to compliance and a genuine cause shown post-adjudication. The Court emphasized the significance of Section 80 in excusing penalties when a legitimate belief or cause is demonstrated by the assessee. en-us Mon, 09 Dec 2013 00:00:00 +0530 Sat, 29 Nov 2014 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247060 The Court affirmed the CESTAT's decision to delete penalties under sections 76, 77, and 78 of the Finance Act for an International Drilling Contractor liable for service tax in the mining sector. The respondent's belief that their activities did not constitute "Mining Services" was deemed reasonable, leading to the dismissal of penalties due to compliance and a genuine cause shown post-adjudication. The Court emphasized the significance of Section 80 in excusing penalties when a legitimate belief or cause is demonstrated by the assessee. Case-Laws Service Tax Mon, 09 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247060