https://www.taxtmi.com/caselaws?id=250973 The Tribunal set aside penalties under sections 76 and 77 of the Finance Act 1994 in a case concerning service tax liability for visa consultancy services. The appellant, though not disputing the tax liability, contested penalties due to a genuine belief in non-taxability and non-collection of service tax from recipients. The Tribunal found the appellant's lack of awareness of tax laws plausible and invoked section 80 of the Finance Act to waive penalties. Service tax liability and interest payments were upheld, with penalties under sections 76 and 77 being set aside. en-us Thu, 03 Jul 2014 00:00:00 +0530 Sat, 30 Aug 2014 16:13:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250973 The Tribunal set aside penalties under sections 76 and 77 of the Finance Act 1994 in a case concerning service tax liability for visa consultancy services. The appellant, though not disputing the tax liability, contested penalties due to a genuine belief in non-taxability and non-collection of service tax from recipients. The Tribunal found the appellant's lack of awareness of tax laws plausible and invoked section 80 of the Finance Act to waive penalties. Service tax liability and interest payments were upheld, with penalties under sections 76 and 77 being set aside. Case-Laws Service Tax Thu, 03 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250973