https://www.taxtmi.com/caselaws?id=369827 The Tribunal upheld the 1st Appellate Authority's decision to set aside penalties imposed under Sections 76, 77, & 78 of the Finance Act 1994, regarding taxability of amounts paid to agents abroad under the reverse charge mechanism. The Tribunal found the majority of the demand related to a period deemed unsustainable by the Apex Court, and accepted the respondent's justifiable reasons for non-payment during a specific period. Consequently, the Tribunal rejected the Revenue's appeal, affirming the correctness and legality of the impugned order. en-us Mon, 24 Sep 2018 00:00:00 +0530 Sat, 03 Nov 2018 13:34:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369827 The Tribunal upheld the 1st Appellate Authority's decision to set aside penalties imposed under Sections 76, 77, & 78 of the Finance Act 1994, regarding taxability of amounts paid to agents abroad under the reverse charge mechanism. The Tribunal found the majority of the demand related to a period deemed unsustainable by the Apex Court, and accepted the respondent's justifiable reasons for non-payment during a specific period. Consequently, the Tribunal rejected the Revenue's appeal, affirming the correctness and legality of the impugned order. Case-Laws Service Tax Mon, 24 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369827