https://www.taxtmi.com/caselaws?id=435 Penalty for failure to discharge service tax liability was reduced because the assessee, an educational trust, used the hall only incidentally for taxable functions, generated minor income, and paid tax promptly after departmental communication. Ignorance of law was not accepted as a full defence, but the absence of intent to evade and the prompt compliance were treated as relevant equitable factors for moderating the penalty. The penalty under Section 76 of the Finance Act, 1994 was reduced, while the penalties under Sections 75A and 77 were maintained. en-us Tue, 02 May 2006 00:00:00 +0530 Tue, 01 Jul 2008 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435 Penalty for failure to discharge service tax liability was reduced because the assessee, an educational trust, used the hall only incidentally for taxable functions, generated minor income, and paid tax promptly after departmental communication. Ignorance of law was not accepted as a full defence, but the absence of intent to evade and the prompt compliance were treated as relevant equitable factors for moderating the penalty. The penalty under Section 76 of the Finance Act, 1994 was reduced, while the penalties under Sections 75A and 77 were maintained. Case-Laws Service Tax Tue, 02 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435