https://www.taxtmi.com/caselaws?id=340060 Penalties imposed under Sections 77 and 78 of the Finance Act, 1994 were waived under Section 80 because the appellant had a bona fide belief and reasonable cause. Although tax liability was not disputed, the appellant was treated as an intermediary in the distribution chain rather than a local cable operator transmitting signals or an MSO receiving satellite signals. Given the statutory linkage between cable operator and cable service definitions and the Cable Television Networks (Regulation) Act, 1995, the appellant's view that the activity did not attract tax was accepted as genuine, and penalty relief was granted. en-us Wed, 22 Feb 2017 00:00:00 +0530 Sat, 02 Sep 2017 14:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340060 Penalties imposed under Sections 77 and 78 of the Finance Act, 1994 were waived under Section 80 because the appellant had a bona fide belief and reasonable cause. Although tax liability was not disputed, the appellant was treated as an intermediary in the distribution chain rather than a local cable operator transmitting signals or an MSO receiving satellite signals. Given the statutory linkage between cable operator and cable service definitions and the Cable Television Networks (Regulation) Act, 1995, the appellant's view that the activity did not attract tax was accepted as genuine, and penalty relief was granted. Case-Laws Service Tax Wed, 22 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340060