https://www.taxtmi.com/caselaws?id=263809 The Tribunal absolved the appellants of penalties imposed for non-payment of service tax within the stipulated time, emphasizing compliance with Section 73(3) of the Finance Act, 1994. Despite the appellants' delay attributed to financial constraints, their proactive payment of tax, cess, and interest prior to the show cause notice demonstrated cooperation. The Tribunal referenced a Karnataka High Court decision, concluding that penalties were unwarranted, directing tax authorities to refrain from harassing compliant taxpayers. The appeal favored the appellants, modifying the original order to exclude penalties based on statutory provisions and legal precedents. en-us Fri, 14 Aug 2015 00:00:00 +0530 Mon, 28 Aug 2017 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263809 The Tribunal absolved the appellants of penalties imposed for non-payment of service tax within the stipulated time, emphasizing compliance with Section 73(3) of the Finance Act, 1994. Despite the appellants' delay attributed to financial constraints, their proactive payment of tax, cess, and interest prior to the show cause notice demonstrated cooperation. The Tribunal referenced a Karnataka High Court decision, concluding that penalties were unwarranted, directing tax authorities to refrain from harassing compliant taxpayers. The appeal favored the appellants, modifying the original order to exclude penalties based on statutory provisions and legal precedents. Case-Laws Service Tax Fri, 14 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263809