https://www.taxtmi.com/caselaws?id=348565 The Tribunal confirmed the demand and interest but set aside the penalty imposed under sections 77 and 78 of the Finance Act, 1994. The appellants had promptly paid the demanded amount along with interest before the show-cause notice was issued, citing unclear legal provisions regarding the payment of service tax on a reverse charge basis. The Tribunal acknowledged the appellants' genuine belief, lack of malafide intent, and proper recording of GTA services in their statutory records. Relief was granted under section 80 of the Finance Act, 1994, with reference to section 73(1A) and a relevant circular, ultimately disposing of the appeal in favor of the appellants. en-us Thu, 06 Jul 2017 00:00:00 +0530 Mon, 25 Sep 2017 07:19:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348565 The Tribunal confirmed the demand and interest but set aside the penalty imposed under sections 77 and 78 of the Finance Act, 1994. The appellants had promptly paid the demanded amount along with interest before the show-cause notice was issued, citing unclear legal provisions regarding the payment of service tax on a reverse charge basis. The Tribunal acknowledged the appellants' genuine belief, lack of malafide intent, and proper recording of GTA services in their statutory records. Relief was granted under section 80 of the Finance Act, 1994, with reference to section 73(1A) and a relevant circular, ultimately disposing of the appeal in favor of the appellants. Case-Laws Service Tax Thu, 06 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348565