https://www.taxtmi.com/caselaws?id=334123 The Tribunal set aside the Commissioner (Appeals) decision upholding a penalty under Section 78 of the Finance Act, 1994 against an appellant for alleged non-payment of service tax and irregular Cenvat credit. The Tribunal ruled in favor of the appellant, finding that the tax was paid promptly with interest before the show-cause notice, as per Section 73(3) of the Act. It concluded that there was no evidence of tax evasion or suppression of facts, overturning the penalty under Section 78 and allowing the appeal. en-us Tue, 20 Sep 2016 00:00:00 +0530 Fri, 04 Nov 2016 09:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334123 The Tribunal set aside the Commissioner (Appeals) decision upholding a penalty under Section 78 of the Finance Act, 1994 against an appellant for alleged non-payment of service tax and irregular Cenvat credit. The Tribunal ruled in favor of the appellant, finding that the tax was paid promptly with interest before the show-cause notice, as per Section 73(3) of the Act. It concluded that there was no evidence of tax evasion or suppression of facts, overturning the penalty under Section 78 and allowing the appeal. Case-Laws Service Tax Tue, 20 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334123