https://www.taxtmi.com/caselaws?id=248161 The Tribunal absolved a Government undertaking of penalties under Sections 76 and 78 of the Finance Act, 1994, for non-payment or evasion of service tax. Despite a service tax liability of Rs. 20,24,787, the Tribunal found no evidence of intentional evasion due to the respondent's prompt compliance upon notification and government status. The Tribunal invoked Section 80 of the Finance Act, ruling that penalties were unjustified given the reasonable cause for the delayed tax payment. The Commissioner (Appeals) order upholding the demand but setting aside penalties was affirmed, dismissing the Revenue's appeal. en-us Fri, 16 Sep 2011 00:00:00 +0530 Tue, 03 Jun 2014 18:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248161 The Tribunal absolved a Government undertaking of penalties under Sections 76 and 78 of the Finance Act, 1994, for non-payment or evasion of service tax. Despite a service tax liability of Rs. 20,24,787, the Tribunal found no evidence of intentional evasion due to the respondent's prompt compliance upon notification and government status. The Tribunal invoked Section 80 of the Finance Act, ruling that penalties were unjustified given the reasonable cause for the delayed tax payment. The Commissioner (Appeals) order upholding the demand but setting aside penalties was affirmed, dismissing the Revenue's appeal. Case-Laws Service Tax Fri, 16 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248161