https://www.taxtmi.com/caselaws?id=363911 The Tribunal set aside the penalty imposed under Section 78 of the Finance Act, 1994, in a case involving non-payment of service tax on labor charges. The appellants' financial hardship during a global recession was considered a valid reason for the delay in payment. The Tribunal found no evidence of intentional suppression of facts by the appellants and held that the penalty was unwarranted. The confirmed demand and interest were upheld, emphasizing the need for establishing intent in tax cases and providing evidence to support allegations of tax evasion. en-us Wed, 18 Jul 2018 00:00:00 +0530 Fri, 20 Jul 2018 05:44:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363911 The Tribunal set aside the penalty imposed under Section 78 of the Finance Act, 1994, in a case involving non-payment of service tax on labor charges. The appellants' financial hardship during a global recession was considered a valid reason for the delay in payment. The Tribunal found no evidence of intentional suppression of facts by the appellants and held that the penalty was unwarranted. The confirmed demand and interest were upheld, emphasizing the need for establishing intent in tax cases and providing evidence to support allegations of tax evasion. Case-Laws Service Tax Wed, 18 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363911