https://www.taxtmi.com/caselaws?id=367761 The Tribunal set aside the penalty imposed and confirmed by the Commissioner of Central Tax (Appeals) in a case where the appellant challenged the liability to service tax under the reverse charge mechanism. The Tribunal emphasized that the transaction was revenue-neutral, and the appellant's payment of duty and interest upon notification demonstrated compliance. Referring to legal precedents, the Tribunal found the lower appellate authority's order unsustainable, leading to the penalty being overturned. en-us Fri, 03 Aug 2018 00:00:00 +0530 Wed, 26 Sep 2018 08:46:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367761 The Tribunal set aside the penalty imposed and confirmed by the Commissioner of Central Tax (Appeals) in a case where the appellant challenged the liability to service tax under the reverse charge mechanism. The Tribunal emphasized that the transaction was revenue-neutral, and the appellant's payment of duty and interest upon notification demonstrated compliance. Referring to legal precedents, the Tribunal found the lower appellate authority's order unsustainable, leading to the penalty being overturned. Case-Laws Service Tax Fri, 03 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367761