https://www.taxtmi.com/caselaws?id=262148 The Tribunal allowed the appeal, setting aside penalties and interest imposed under Sections 77 and 76 of the Finance Act, 1994. The appellant's payment of service tax from Cenvat credit and in cash before the Show Cause Notice was deemed compliant with the law. The Tribunal recognized the appellant's good faith belief of non-liability for service tax and immediate payment upon notification. Emphasizing the absence of malafide intent and timely disclosure to tax authorities, the Tribunal ruled in favor of the appellant, invoking Section 80 of the Finance Act to overturn the penalty under Section 76. en-us Thu, 07 May 2015 00:00:00 +0530 Mon, 03 Aug 2015 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262148 The Tribunal allowed the appeal, setting aside penalties and interest imposed under Sections 77 and 76 of the Finance Act, 1994. The appellant's payment of service tax from Cenvat credit and in cash before the Show Cause Notice was deemed compliant with the law. The Tribunal recognized the appellant's good faith belief of non-liability for service tax and immediate payment upon notification. Emphasizing the absence of malafide intent and timely disclosure to tax authorities, the Tribunal ruled in favor of the appellant, invoking Section 80 of the Finance Act to overturn the penalty under Section 76. Case-Laws Service Tax Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262148