https://www.taxtmi.com/caselaws?id=352555 The Tribunal upheld the Commissioner(Appeals) decision to drop penalties under Sections 77(1), 77(2), and 78 of the Finance Act, 1994 by invoking Section 80. The Tribunal found that the delay in payment was due to lack of awareness, especially since the assessee was a State Government undertaking unfamiliar with service tax provisions. It was noted that there was no malicious intent to evade service tax but rather an omission, justifying the waiver of penalties under Section 80. The Tribunal dismissed the Revenue's appeal, affirming the decision to waive the penalties based on reasonable cause for the failure to pay service tax promptly. en-us Fri, 27 Oct 2017 00:00:00 +0530 Mon, 18 Dec 2017 08:24:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352555 The Tribunal upheld the Commissioner(Appeals) decision to drop penalties under Sections 77(1), 77(2), and 78 of the Finance Act, 1994 by invoking Section 80. The Tribunal found that the delay in payment was due to lack of awareness, especially since the assessee was a State Government undertaking unfamiliar with service tax provisions. It was noted that there was no malicious intent to evade service tax but rather an omission, justifying the waiver of penalties under Section 80. The Tribunal dismissed the Revenue's appeal, affirming the decision to waive the penalties based on reasonable cause for the failure to pay service tax promptly. Case-Laws Service Tax Fri, 27 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352555