https://www.taxtmi.com/caselaws?id=337420 The Appellate Tribunal CESTAT Mumbai allowed the appeal, overturning the penalty imposed under Section 78 of the Finance Act, 1994. The Tribunal considered the appellant's fulfillment of service tax liability, interest, and penalties, citing justifiable reasons for non-compliance with the reverse-charge mechanism due to uncertainty during the relevant period. Referring to legal provisions, including Section 80 of the Finance Act, 1994, and Section 73(3) which exempts show cause notice issuance upon discharge of liabilities, the Tribunal set aside the penalties, ultimately ruling in favor of the appellant. en-us Fri, 02 Dec 2016 00:00:00 +0530 Mon, 09 Jan 2017 08:26:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337420 The Appellate Tribunal CESTAT Mumbai allowed the appeal, overturning the penalty imposed under Section 78 of the Finance Act, 1994. The Tribunal considered the appellant's fulfillment of service tax liability, interest, and penalties, citing justifiable reasons for non-compliance with the reverse-charge mechanism due to uncertainty during the relevant period. Referring to legal provisions, including Section 80 of the Finance Act, 1994, and Section 73(3) which exempts show cause notice issuance upon discharge of liabilities, the Tribunal set aside the penalties, ultimately ruling in favor of the appellant. Case-Laws Service Tax Fri, 02 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337420