https://www.taxtmi.com/caselaws?id=330481 The Tribunal upheld the decision to waive penalties under Sections 76, 77 & 78 by invoking Section 80. The Order-in-Original confirming the service tax demand and interest was maintained, while penalties were set aside based on legal precedents and the respondent's payment of service tax and interest before adjudication, lack of concealment of transactions, and financial hardship claimed. The Tribunal dismissed the Revenue's appeal and disposed of the cross-objection, affirming the waiver of penalties under Sections 76, 77 & 78 and the confirmation of service tax demand and interest. en-us Fri, 15 Jul 2016 00:00:00 +0530 Wed, 28 Dec 2016 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330481 The Tribunal upheld the decision to waive penalties under Sections 76, 77 & 78 by invoking Section 80. The Order-in-Original confirming the service tax demand and interest was maintained, while penalties were set aside based on legal precedents and the respondent's payment of service tax and interest before adjudication, lack of concealment of transactions, and financial hardship claimed. The Tribunal dismissed the Revenue's appeal and disposed of the cross-objection, affirming the waiver of penalties under Sections 76, 77 & 78 and the confirmation of service tax demand and interest. Case-Laws Service Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330481