https://www.taxtmi.com/caselaws?id=2916 Penalties for non-payment of service tax were found unsustainable where the assessee had paid the tax and interest after the lapse was pointed out and claimed bona fide belief and reasonable cause. The dispute concerned services provided to an agricultural association, with the assessee stating that service tax was not believed to be payable. In these circumstances, the delay was treated as sufficiently addressed by the payment of interest, and no separate penalty was justified. Relief was therefore granted on the penalty issue, and the penalty was set aside under section 80 of the Finance Act, 1994. en-us Fri, 05 Oct 2007 00:00:00 +0530 Wed, 16 Apr 2008 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2916 Penalties for non-payment of service tax were found unsustainable where the assessee had paid the tax and interest after the lapse was pointed out and claimed bona fide belief and reasonable cause. The dispute concerned services provided to an agricultural association, with the assessee stating that service tax was not believed to be payable. In these circumstances, the delay was treated as sufficiently addressed by the payment of interest, and no separate penalty was justified. Relief was therefore granted on the penalty issue, and the penalty was set aside under section 80 of the Finance Act, 1994. Case-Laws Service Tax Fri, 05 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2916