https://www.taxtmi.com/caselaws?id=338975 The Tribunal partially allowed the appeal filed by Ms. HEG Ltd., setting aside the penalty imposed under section 78 of the Finance Act 1994. The decision highlighted the absence of intentional evasion of service tax, recognizing the appellant's genuine mistake in misinterpreting an exemption notification. Emphasizing bonafide errors and lack of evidence of willful suppression, the Tribunal ruled in favor of the appellant, citing relevant case laws and overturning the penalty. en-us Mon, 17 Oct 2016 00:00:00 +0530 Thu, 16 Feb 2017 08:15:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338975 The Tribunal partially allowed the appeal filed by Ms. HEG Ltd., setting aside the penalty imposed under section 78 of the Finance Act 1994. The decision highlighted the absence of intentional evasion of service tax, recognizing the appellant's genuine mistake in misinterpreting an exemption notification. Emphasizing bonafide errors and lack of evidence of willful suppression, the Tribunal ruled in favor of the appellant, citing relevant case laws and overturning the penalty. Case-Laws Service Tax Mon, 17 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338975