https://www.taxtmi.com/caselaws?id=175853 The appeal challenging the setting aside of a penalty under section 76 of the Finance Act, 1994 was dismissed. The revenue argued that the penalty was justified as the respondent failed to pay service tax despite starting business in 2000. However, the Ld. Commissioner (Appeals) found that the respondent had paid the complete service tax liability before the show-cause notice was issued, considering the respondent's lack of awareness as a new assessee. The decision to waive the penalty under section 80 was upheld, as there was no evidence of intentional non-payment of service tax by the respondent. en-us Mon, 23 Apr 2007 00:00:00 +0530 Thu, 19 Apr 2018 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175853 The appeal challenging the setting aside of a penalty under section 76 of the Finance Act, 1994 was dismissed. The revenue argued that the penalty was justified as the respondent failed to pay service tax despite starting business in 2000. However, the Ld. Commissioner (Appeals) found that the respondent had paid the complete service tax liability before the show-cause notice was issued, considering the respondent's lack of awareness as a new assessee. The decision to waive the penalty under section 80 was upheld, as there was no evidence of intentional non-payment of service tax by the respondent. Case-Laws Central Excise Mon, 23 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175853