https://www.taxtmi.com/caselaws?id=352693 The Tribunal ruled in favor of the appellant, dropping the penalty under Section 78 of the Finance Act. The appellant, engaged in marketing auto loan products and receiving commissions, had paid the service tax with interest before the show-cause notice. The Tribunal noted the confusion surrounding the taxability of amounts received and the appellant's genuine belief in not being liable for service tax. Citing precedents and lack of evidence of duty evasion, the Tribunal found the penalty unsustainable and allowed the appeal. en-us Fri, 17 Nov 2017 00:00:00 +0530 Wed, 20 Dec 2017 10:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=352693 The Tribunal ruled in favor of the appellant, dropping the penalty under Section 78 of the Finance Act. The appellant, engaged in marketing auto loan products and receiving commissions, had paid the service tax with interest before the show-cause notice. The Tribunal noted the confusion surrounding the taxability of amounts received and the appellant's genuine belief in not being liable for service tax. Citing precedents and lack of evidence of duty evasion, the Tribunal found the penalty unsustainable and allowed the appeal. Case-Laws Service Tax Fri, 17 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=352693