https://www.taxtmi.com/caselaws?id=4593 The Tribunal ruled in favor of the appellants, setting aside the penalties imposed under Section 78 of the Finance Act. The appellants were found liable to pay service tax on air tickets but had made significant payments before formal notices were issued. The Tribunal considered this timely payment and lack of deliberate suppression, leading to the appeals being allowed. The penalties under Section 78 were revoked, although the appellants were still required to pay interest on the outstanding amounts. en-us Wed, 13 Feb 2008 00:00:00 +0530 Tue, 15 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4593 The Tribunal ruled in favor of the appellants, setting aside the penalties imposed under Section 78 of the Finance Act. The appellants were found liable to pay service tax on air tickets but had made significant payments before formal notices were issued. The Tribunal considered this timely payment and lack of deliberate suppression, leading to the appeals being allowed. The penalties under Section 78 were revoked, although the appellants were still required to pay interest on the outstanding amounts. Case-Laws Service Tax Wed, 13 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4593