https://www.taxtmi.com/caselaws?id=257063 The Tribunal confirmed the demand for service tax and interest for payments made to associated companies located outside India for services, but waived the penalty under Section 80 of the Finance Act, 1994. The assessee's compliance with tax payment, lack of intention to avoid tax, and revenue neutrality led to the penalty waiver. The Tribunal upheld the invocation of the extended period for raising the demand, emphasizing that the assessee acted as a receiver of service, not a provider. The appeal and stay application by the Revenue were disposed of accordingly. en-us Mon, 29 Sep 2014 00:00:00 +0530 Sat, 28 Feb 2015 08:22:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257063 The Tribunal confirmed the demand for service tax and interest for payments made to associated companies located outside India for services, but waived the penalty under Section 80 of the Finance Act, 1994. The assessee's compliance with tax payment, lack of intention to avoid tax, and revenue neutrality led to the penalty waiver. The Tribunal upheld the invocation of the extended period for raising the demand, emphasizing that the assessee acted as a receiver of service, not a provider. The appeal and stay application by the Revenue were disposed of accordingly. Case-Laws Service Tax Mon, 29 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257063