https://www.taxtmi.com/caselaws?id=343515 The Tribunal ruled in favor of the appellant, setting aside penalties under Section 76 and 75A of the Finance Act, 1994. The appellant's proactive compliance by registering and paying taxes before the Show Cause Notice demonstrated good faith, leading to the decision that penalties were unwarranted. Only interest for delayed payment was upheld, and the Tribunal directed the adjustment of interest from the penalty deposit made by the appellant. en-us Wed, 15 Mar 2017 00:00:00 +0530 Fri, 26 May 2017 07:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343515 The Tribunal ruled in favor of the appellant, setting aside penalties under Section 76 and 75A of the Finance Act, 1994. The appellant's proactive compliance by registering and paying taxes before the Show Cause Notice demonstrated good faith, leading to the decision that penalties were unwarranted. Only interest for delayed payment was upheld, and the Tribunal directed the adjustment of interest from the penalty deposit made by the appellant. Case-Laws Service Tax Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343515