https://www.taxtmi.com/caselaws?id=261228 The Tribunal upheld the decision of the Commissioner (Appeals) in confirming the demand of service tax but setting aside penalties under Sections 70 and 78 of the Finance Act, 1994. The Tribunal agreed that the respondent had a 'reasonable cause' for non-payment of service tax, based on a bona fide belief that the services provided were exempt from tax. The Tribunal distinguished the Revenue's arguments and emphasized the waiver provision under Section 80 of the Finance Act, leading to the dismissal of the Revenue's appeal and disposal of the respondent's cross-objection. en-us Fri, 30 Jan 2015 00:00:00 +0530 Wed, 14 Oct 2015 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261228 The Tribunal upheld the decision of the Commissioner (Appeals) in confirming the demand of service tax but setting aside penalties under Sections 70 and 78 of the Finance Act, 1994. The Tribunal agreed that the respondent had a 'reasonable cause' for non-payment of service tax, based on a bona fide belief that the services provided were exempt from tax. The Tribunal distinguished the Revenue's arguments and emphasized the waiver provision under Section 80 of the Finance Act, leading to the dismissal of the Revenue's appeal and disposal of the respondent's cross-objection. Case-Laws Service Tax Fri, 30 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261228