https://www.taxtmi.com/caselaws?id=367627 The Tribunal rejected the request for adjournment and proceeded to decide the appeal. The appellant faced a service tax demand for not availing abatement while discharging service tax liability on reverse charge basis for GTA Services. The Commissioner (Appeals) confirmed one demand along with interest and penalty. The only challenge was the penalty under Section 76 of the Finance Act, 1994. The Tribunal set aside the penalty, considering the appellant's bonafide intention and the settled nature of the issue. The appeal was allowed in that regard. en-us Mon, 30 Jul 2018 00:00:00 +0530 Mon, 24 Sep 2018 08:19:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367627 The Tribunal rejected the request for adjournment and proceeded to decide the appeal. The appellant faced a service tax demand for not availing abatement while discharging service tax liability on reverse charge basis for GTA Services. The Commissioner (Appeals) confirmed one demand along with interest and penalty. The only challenge was the penalty under Section 76 of the Finance Act, 1994. The Tribunal set aside the penalty, considering the appellant's bonafide intention and the settled nature of the issue. The appeal was allowed in that regard. Case-Laws Service Tax Mon, 30 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367627