https://www.taxtmi.com/caselaws?id=351006 The tribunal ruled in favor of the appellant in an appeal against penalties under Sections 76, 77, and 78 of the Finance Act, 1994. Despite the initial confusion over the nature of the contract, the appellant's genuine belief in not owing service tax, coupled with their voluntary payment upon investigation, led to the waiver of penalties under Section 80. The tribunal acknowledged the appellant's proactive approach in settling the tax liability and upheld the rest of the order while setting aside the penalties. en-us Mon, 23 Oct 2017 00:00:00 +0530 Fri, 17 Nov 2017 08:01:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351006 The tribunal ruled in favor of the appellant in an appeal against penalties under Sections 76, 77, and 78 of the Finance Act, 1994. Despite the initial confusion over the nature of the contract, the appellant's genuine belief in not owing service tax, coupled with their voluntary payment upon investigation, led to the waiver of penalties under Section 80. The tribunal acknowledged the appellant's proactive approach in settling the tax liability and upheld the rest of the order while setting aside the penalties. Case-Laws Service Tax Mon, 23 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351006