https://www.taxtmi.com/caselaws?id=356998 The Tribunal partially allowed the appeal by overturning the imposed penalties while maintaining the demand for service tax on the freight amounts. The appellant's good faith belief in the exemption under Notification No.34/2004-ST and the prompt rectification of the error were considered in deciding to set aside the penalties. The judgment highlights the importance of proper interpretation of tax laws and the significance of maintaining accurate records to avoid unintended non-compliance. en-us Thu, 11 Jan 2018 00:00:00 +0530 Fri, 16 Mar 2018 08:35:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356998 The Tribunal partially allowed the appeal by overturning the imposed penalties while maintaining the demand for service tax on the freight amounts. The appellant's good faith belief in the exemption under Notification No.34/2004-ST and the prompt rectification of the error were considered in deciding to set aside the penalties. The judgment highlights the importance of proper interpretation of tax laws and the significance of maintaining accurate records to avoid unintended non-compliance. Case-Laws Service Tax Thu, 11 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356998