https://www.taxtmi.com/caselaws?id=263966 Service tax under reverse charge for services received from a foreign provider was stated to be clearly payable from 18.04.2006 under Section 66A of the Finance Act, 1994, so a plea of bona fide belief did not justify relief from penalty under Section 80. The commentary notes, however, that prompt discharge of the tax liability after receipt of notice can support leniency in the quantum of penalty. On that basis, Section 80 relief was denied, the Section 78 penalty was reduced to 25% of the service tax, and the Section 77 penalty was upheld. en-us Tue, 24 Mar 2015 00:00:00 +0530 Mon, 14 Sep 2015 07:00:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263966 Service tax under reverse charge for services received from a foreign provider was stated to be clearly payable from 18.04.2006 under Section 66A of the Finance Act, 1994, so a plea of bona fide belief did not justify relief from penalty under Section 80. The commentary notes, however, that prompt discharge of the tax liability after receipt of notice can support leniency in the quantum of penalty. On that basis, Section 80 relief was denied, the Section 78 penalty was reduced to 25% of the service tax, and the Section 77 penalty was upheld. Case-Laws Service Tax Tue, 24 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263966