https://www.taxtmi.com/caselaws?id=347504 The tribunal allowed the appeals, waiving penalties imposed under Section 76 of the Finance Act, 1994 on a service provider in the "Mining of Mineral, Oil or Gas" category. The appellant, facing penalties for delayed tax payment due to management changes, paid the tax and interest before filing returns, citing circumstances leading to the delay. The tribunal, considering the appellant's admission of delay and absence of fraud, referenced a Board's Circular to conclude that proceedings should end upon tax and interest payment, thereby waiving the penalties. The decision was pronounced on 12-1-2017. en-us Thu, 12 Jan 2017 00:00:00 +0530 Thu, 28 Sep 2017 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347504 The tribunal allowed the appeals, waiving penalties imposed under Section 76 of the Finance Act, 1994 on a service provider in the "Mining of Mineral, Oil or Gas" category. The appellant, facing penalties for delayed tax payment due to management changes, paid the tax and interest before filing returns, citing circumstances leading to the delay. The tribunal, considering the appellant's admission of delay and absence of fraud, referenced a Board's Circular to conclude that proceedings should end upon tax and interest payment, thereby waiving the penalties. The decision was pronounced on 12-1-2017. Case-Laws Service Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347504