https://www.taxtmi.com/caselaws?id=356147 The High Court upheld the tribunal's decision to set aside penalties imposed on the appellant for evasion of Service Tax due to non-receipt of tax from the service receiver, Rajasthan Housing Board. The court found the appellant's plea for penalty waiver under Section 80 of the Finance Act, 1994, valid, as imposing penalties would lead to business closure. The judgment emphasized the significance of statutory definitions and contractual terms in determining tax liabilities and penalty waivers in service tax cases. en-us Fri, 08 Dec 2017 00:00:00 +0530 Thu, 26 Apr 2018 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356147 The High Court upheld the tribunal's decision to set aside penalties imposed on the appellant for evasion of Service Tax due to non-receipt of tax from the service receiver, Rajasthan Housing Board. The court found the appellant's plea for penalty waiver under Section 80 of the Finance Act, 1994, valid, as imposing penalties would lead to business closure. The judgment emphasized the significance of statutory definitions and contractual terms in determining tax liabilities and penalty waivers in service tax cases. Case-Laws Service Tax Fri, 08 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356147