https://www.taxtmi.com/caselaws?id=274999 The Tribunal upheld the payment of Service Tax and interest but waived penalties under Sections 77 & 78 for a case involving Construction of Residential Complex Service. The appellant's genuine belief in non-payment of Service Tax in time, supported by diligent accounting practices and legal uncertainties, led to the invocation of Section 80 of the Finance Act for penalty waiver. The Tribunal emphasized that penalties should not be imposed when there is a reasonable cause for waiver, resulting in a favorable outcome for the appellant in this matter. en-us Fri, 02 Sep 2016 00:00:00 +0530 Thu, 13 Sep 2018 20:27:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274999 The Tribunal upheld the payment of Service Tax and interest but waived penalties under Sections 77 & 78 for a case involving Construction of Residential Complex Service. The appellant's genuine belief in non-payment of Service Tax in time, supported by diligent accounting practices and legal uncertainties, led to the invocation of Section 80 of the Finance Act for penalty waiver. The Tribunal emphasized that penalties should not be imposed when there is a reasonable cause for waiver, resulting in a favorable outcome for the appellant in this matter. Case-Laws Service Tax Fri, 02 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274999