https://www.taxtmi.com/caselaws?id=2911 The Tribunal disposed of the appeal in a case involving service tax liability for Business Auxiliary Services. Penalties under Sections 76, 77, and 78 of the Finance Act were initially imposed but were reduced and vacated by the Commissioner (Appeals) due to the company's ignorance of the new levy and their compliance efforts, including timely information submission and payment of arrears. Section 80 was invoked to set aside the penalty under Section 76, providing relief to the company. The appeal and stay application were resolved in favor of the company. en-us Fri, 02 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2911 The Tribunal disposed of the appeal in a case involving service tax liability for Business Auxiliary Services. Penalties under Sections 76, 77, and 78 of the Finance Act were initially imposed but were reduced and vacated by the Commissioner (Appeals) due to the company's ignorance of the new levy and their compliance efforts, including timely information submission and payment of arrears. Section 80 was invoked to set aside the penalty under Section 76, providing relief to the company. The appeal and stay application were resolved in favor of the company. Case-Laws Service Tax Fri, 02 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2911