https://www.taxtmi.com/caselaws?id=252509 The tribunal allowed the appeal, setting aside the penalties imposed under Sections 76 and 77 of the Finance Act, 1994. It held that the appellant's genuine belief in the exemption of Service Tax liability for services provided during national holiday celebrations to the State Government was justifiable under Section 80 of the Act. The tribunal emphasized the reasonable basis for the appellant's belief, overturning the penalties and highlighting the importance of the specific context in exempting the penalties. en-us Fri, 07 Feb 2014 00:00:00 +0530 Mon, 27 Oct 2014 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252509 The tribunal allowed the appeal, setting aside the penalties imposed under Sections 76 and 77 of the Finance Act, 1994. It held that the appellant's genuine belief in the exemption of Service Tax liability for services provided during national holiday celebrations to the State Government was justifiable under Section 80 of the Act. The tribunal emphasized the reasonable basis for the appellant's belief, overturning the penalties and highlighting the importance of the specific context in exempting the penalties. Case-Laws Service Tax Fri, 07 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252509