https://www.taxtmi.com/caselaws?id=350778 The Tribunal upheld the appellant's tax liability on the gross value of the service provided as a Security Agency, setting aside the penalty under Section 80 due to the appellant's ex-Service men organization and invoking the provision for penalty waiver. The appellant's genuine belief that tax was only due on the consideration retained, not on reimbursed salaries, was acknowledged. The Tribunal considered the appellant's bonafide understanding of the law, leading to the waiver of the penalty while confirming the tax liability on the gross value for security agency services. en-us Mon, 16 Oct 2017 00:00:00 +0530 Mon, 13 Nov 2017 10:45:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350778 The Tribunal upheld the appellant's tax liability on the gross value of the service provided as a Security Agency, setting aside the penalty under Section 80 due to the appellant's ex-Service men organization and invoking the provision for penalty waiver. The appellant's genuine belief that tax was only due on the consideration retained, not on reimbursed salaries, was acknowledged. The Tribunal considered the appellant's bonafide understanding of the law, leading to the waiver of the penalty while confirming the tax liability on the gross value for security agency services. Case-Laws Service Tax Mon, 16 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350778