https://www.taxtmi.com/caselaws?id=185628 Penalty under Sections 77 and 78 of the Finance Act, 1994 was waived where reasonable cause existed for delayed payment of service tax, and Section 80 was applied to grant relief. The Commissioner (Appeals) found sufficient cause for the delay and set aside the penalty. That exercise of discretion was found free from infirmity, and the Revenue's challenge did not displace the basis for waiver. The penalty relief was therefore upheld and the Revenue's appeal failed. en-us Tue, 17 Nov 2015 00:00:00 +0530 Mon, 22 Aug 2016 12:30:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185628 Penalty under Sections 77 and 78 of the Finance Act, 1994 was waived where reasonable cause existed for delayed payment of service tax, and Section 80 was applied to grant relief. The Commissioner (Appeals) found sufficient cause for the delay and set aside the penalty. That exercise of discretion was found free from infirmity, and the Revenue's challenge did not displace the basis for waiver. The penalty relief was therefore upheld and the Revenue's appeal failed. Case-Laws Service Tax Tue, 17 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185628