https://www.taxtmi.com/caselaws?id=3809 Penalty under Section 76 of the Finance Act, 1994 may be waived where reasonable cause is shown for delay in payment of service tax. On the facts noted, service tax was a new levy and the record reflected confusion about collection, payment, and procedural requirements; the lower appellate authority therefore invoked Section 80 and condoned the failure. The waiver was held justified and no interference was called for. en-us Mon, 17 Dec 2007 00:00:00 +0530 Wed, 10 Dec 2008 19:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3809 Penalty under Section 76 of the Finance Act, 1994 may be waived where reasonable cause is shown for delay in payment of service tax. On the facts noted, service tax was a new levy and the record reflected confusion about collection, payment, and procedural requirements; the lower appellate authority therefore invoked Section 80 and condoned the failure. The waiver was held justified and no interference was called for. Case-Laws Service Tax Mon, 17 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3809