https://www.taxtmi.com/caselaws?id=342831 The Tribunal ruled in favor of a government corporation in appeals against service tax demands and penalties under Section 78 of the Finance Act, 1994. The corporation, engaged in forest produce extraction, faced disputes over non-payment of service tax on Goods Transport Agency services and denial of Voluntary Compliance Encouragement Scheme benefits. The Tribunal found no intent to evade tax, prompt payment, and lack of quantified interest from the Revenue. Penalties were set aside, and the matter was remanded solely for interest quantification, highlighting the corporation's compliance and legal provisions under the Finance Act. en-us Tue, 18 Apr 2017 00:00:00 +0530 Fri, 12 May 2017 07:59:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342831 The Tribunal ruled in favor of a government corporation in appeals against service tax demands and penalties under Section 78 of the Finance Act, 1994. The corporation, engaged in forest produce extraction, faced disputes over non-payment of service tax on Goods Transport Agency services and denial of Voluntary Compliance Encouragement Scheme benefits. The Tribunal found no intent to evade tax, prompt payment, and lack of quantified interest from the Revenue. Penalties were set aside, and the matter was remanded solely for interest quantification, highlighting the corporation's compliance and legal provisions under the Finance Act. Case-Laws Service Tax Tue, 18 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342831