https://www.taxtmi.com/caselaws?id=338453 The Tribunal held that penalties imposed under Sections 77 and 78 of the Finance Act, 1994, were unsustainable due to the appellant's compliance with Service Tax liability, interest payment, and availing CENVAT credit. Citing Section 73(3), the Tribunal set aside the penalties, emphasizing the need for authorities to follow the law. Referring to a High Court judgment, the Tribunal directed compliance with Section 73(3) and disposed of the appeal in favor of the appellant, stressing adherence to statutory provisions and judicial interpretations for fair treatment of taxpayers in Service Tax matters. en-us Mon, 09 Jan 2017 00:00:00 +0530 Sat, 18 Feb 2017 14:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338453 The Tribunal held that penalties imposed under Sections 77 and 78 of the Finance Act, 1994, were unsustainable due to the appellant's compliance with Service Tax liability, interest payment, and availing CENVAT credit. Citing Section 73(3), the Tribunal set aside the penalties, emphasizing the need for authorities to follow the law. Referring to a High Court judgment, the Tribunal directed compliance with Section 73(3) and disposed of the appeal in favor of the appellant, stressing adherence to statutory provisions and judicial interpretations for fair treatment of taxpayers in Service Tax matters. Case-Laws Service Tax Mon, 09 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338453