https://www.taxtmi.com/caselaws?id=347119 The CESTAT upheld the waiver of penalty under Section 78 of the Finance Act, 1994 for the Municipality, emphasizing that public authorities should not be penalized without evidence of malafide intent or fraud. Despite the Revenue's appeal, the CESTAT found no merit in challenging the waiver based on established principles and legal precedents. The decision highlighted the importance of considering the nature and intent of public entities like Municipalities before imposing penalties under Section 78. en-us Fri, 28 Jul 2017 00:00:00 +0530 Mon, 23 Oct 2017 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347119 The CESTAT upheld the waiver of penalty under Section 78 of the Finance Act, 1994 for the Municipality, emphasizing that public authorities should not be penalized without evidence of malafide intent or fraud. Despite the Revenue's appeal, the CESTAT found no merit in challenging the waiver based on established principles and legal precedents. The decision highlighted the importance of considering the nature and intent of public entities like Municipalities before imposing penalties under Section 78. Case-Laws Service Tax Fri, 28 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347119