https://www.taxtmi.com/caselaws?id=263038 The Tribunal rejected Revenue's appeal against dropping the penalty under Section 78 of the Finance Act. The adjudicating authority had set aside penalties imposed on the respondent, noting the payment of service tax with interest and lack of deceitful intent. The Tribunal upheld this decision, emphasizing the authority's valid reasoning in invoking Section 80. It concluded that the respondent's actions did not justify penalties under the relevant sections, leading to the affirmation of dropping the penalty under Section 78. en-us Tue, 14 Jul 2015 00:00:00 +0530 Tue, 25 Aug 2015 09:28:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263038 The Tribunal rejected Revenue's appeal against dropping the penalty under Section 78 of the Finance Act. The adjudicating authority had set aside penalties imposed on the respondent, noting the payment of service tax with interest and lack of deceitful intent. The Tribunal upheld this decision, emphasizing the authority's valid reasoning in invoking Section 80. It concluded that the respondent's actions did not justify penalties under the relevant sections, leading to the affirmation of dropping the penalty under Section 78. Case-Laws Service Tax Tue, 14 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263038