https://www.taxtmi.com/caselaws?id=3426 The Appellate Tribunal CESTAT, Chennai addressed a case involving a company facing a service tax demand for Business Auxiliary Services. Penalties under Sections 76, 77, and 78 of the Finance Act, 1994 were initially imposed, later modified by the Commissioner (Appeals). The Tribunal considered the company's ignorance of the new levy and prompt payment of arrears upon clarification, setting aside one penalty under Section 76 while upholding the rest. The company was granted the benefit of Section 80, resulting in the disposal of the stay application. en-us Fri, 02 Nov 2007 00:00:00 +0530 Wed, 16 Apr 2008 18:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3426 The Appellate Tribunal CESTAT, Chennai addressed a case involving a company facing a service tax demand for Business Auxiliary Services. Penalties under Sections 76, 77, and 78 of the Finance Act, 1994 were initially imposed, later modified by the Commissioner (Appeals). The Tribunal considered the company's ignorance of the new levy and prompt payment of arrears upon clarification, setting aside one penalty under Section 76 while upholding the rest. The company was granted the benefit of Section 80, resulting in the disposal of the stay application. Case-Laws Service Tax Fri, 02 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3426