https://www.taxtmi.com/caselaws?id=355411 The appellant's appeal against the demand of service tax from sister units for common services was partially allowed. The penalty imposed under section 78 of the Finance Act, 1994, was set aside based on the appellant's bonafide belief and lack of malafide intention. However, the Tribunal upheld the imposition of penalty under section 78 due to clear grounds for suppression of facts with a malafide intent to evade tax, emphasizing the importance of compliance with tax laws and the implications of sharing common services among related entities. en-us Fri, 03 Nov 2017 00:00:00 +0530 Fri, 09 Sep 2022 14:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355411 The appellant's appeal against the demand of service tax from sister units for common services was partially allowed. The penalty imposed under section 78 of the Finance Act, 1994, was set aside based on the appellant's bonafide belief and lack of malafide intention. However, the Tribunal upheld the imposition of penalty under section 78 due to clear grounds for suppression of facts with a malafide intent to evade tax, emphasizing the importance of compliance with tax laws and the implications of sharing common services among related entities. Case-Laws Service Tax Fri, 03 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355411