https://www.taxtmi.com/caselaws?id=325767 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant in a case concerning Service Tax liability on 'Management Consultancy Services'. The Tribunal set aside penalties imposed under Sections 76, 77, and 78 of the Finance Act, 1994, as the appellant promptly settled the entire Service Tax liability and interest before the show-cause notice was issued. The Tribunal acknowledged the appellant's good faith belief that their services did not fall under the taxable category and their immediate compliance upon becoming aware of the tax liability. en-us Wed, 10 Feb 2016 00:00:00 +0530 Wed, 28 Sep 2016 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325767 The Appellate Tribunal CESTAT MUMBAI ruled in favor of the appellant in a case concerning Service Tax liability on 'Management Consultancy Services'. The Tribunal set aside penalties imposed under Sections 76, 77, and 78 of the Finance Act, 1994, as the appellant promptly settled the entire Service Tax liability and interest before the show-cause notice was issued. The Tribunal acknowledged the appellant's good faith belief that their services did not fall under the taxable category and their immediate compliance upon becoming aware of the tax liability. Case-Laws Service Tax Wed, 10 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325767