https://www.taxtmi.com/caselaws?id=262190 The presiding member ruled in favor of the appellant, acknowledging the liability for service tax and interest but reducing penalties under Sections 76 and 78 of the Finance Act 1994. The member waived the penalty under Section 76 due to the absence of confusion regarding tax liability and reduced the penalty under Section 78 to the amount of service tax payable. A nominal penalty under Section 77 was upheld. The decision favored the appellant by reducing the overall penalty amount and clarifying the penalty structure under different sections of the Finance Act. en-us Thu, 05 Mar 2015 00:00:00 +0530 Tue, 04 Aug 2015 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262190 The presiding member ruled in favor of the appellant, acknowledging the liability for service tax and interest but reducing penalties under Sections 76 and 78 of the Finance Act 1994. The member waived the penalty under Section 76 due to the absence of confusion regarding tax liability and reduced the penalty under Section 78 to the amount of service tax payable. A nominal penalty under Section 77 was upheld. The decision favored the appellant by reducing the overall penalty amount and clarifying the penalty structure under different sections of the Finance Act. Case-Laws Service Tax Thu, 05 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262190