https://www.taxtmi.com/caselaws?id=108 The Appellate Tribunal CESTAT, Kolkata upheld the Commissioner (Appeals) decision to set aside penalties imposed on a foreign entity for failure to pay service tax, citing a reasonable cause under Section 80 of the Finance Act, 1994. The entity, an Association for Economic Affairs of the Ministry for Economic Affairs and Trade of the Russian Federation, had a contract with Rourkela Steel Plant (RSP) specifying RSP's responsibility for taxes in India. The Tribunal emphasized the entity's non-resident status, lack of intent to evade taxes, and compliance with contractual terms as justifying the absence of penalties, aligning with the principle of judicious penalty imposition. en-us Thu, 10 Jul 2003 00:00:00 +0530 Thu, 03 Jul 2008 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108 The Appellate Tribunal CESTAT, Kolkata upheld the Commissioner (Appeals) decision to set aside penalties imposed on a foreign entity for failure to pay service tax, citing a reasonable cause under Section 80 of the Finance Act, 1994. The entity, an Association for Economic Affairs of the Ministry for Economic Affairs and Trade of the Russian Federation, had a contract with Rourkela Steel Plant (RSP) specifying RSP's responsibility for taxes in India. The Tribunal emphasized the entity's non-resident status, lack of intent to evade taxes, and compliance with contractual terms as justifying the absence of penalties, aligning with the principle of judicious penalty imposition. Case-Laws Service Tax Thu, 10 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108