https://www.taxtmi.com/caselaws?id=248896 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 76 of the Finance Act 1994 for non-payment of service tax. The Commissioner invoked Section 80 of the Finance Act, considering the delay in payment as not willful but due to genuine financial difficulty. The Tribunal found the appellant's reasons for delay plausible, emphasizing the absence of specific allegations of intention to evade duty. Additionally, the Tribunal rejected the argument of a time-barred demand, emphasizing compliance with tax liabilities as per the Supreme Court ruling. en-us Tue, 21 Jan 2014 00:00:00 +0530 Thu, 16 Jul 2015 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248896 The Tribunal ruled in favor of the appellant, setting aside the penalty imposed under Section 76 of the Finance Act 1994 for non-payment of service tax. The Commissioner invoked Section 80 of the Finance Act, considering the delay in payment as not willful but due to genuine financial difficulty. The Tribunal found the appellant's reasons for delay plausible, emphasizing the absence of specific allegations of intention to evade duty. Additionally, the Tribunal rejected the argument of a time-barred demand, emphasizing compliance with tax liabilities as per the Supreme Court ruling. Case-Laws Service Tax Tue, 21 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248896