https://www.taxtmi.com/caselaws?id=370950 Penalty under service tax law may be waived where non-payment occurred under a bona fide belief and reasonable cause is shown. Here, the assessee had not collected service tax from customers, the levy on tour operator services was under challenge before the High Court during the relevant period, and the surrounding dispute created confusion in the field. Tax and interest were later paid. On those facts, Section 80 of the Finance Act, 1994 was applied to grant waiver of penalty, with the principle noted that penalty is not exigible where Section 80 is satisfied even if the demand covers the extended period. en-us Fri, 31 Aug 2018 00:00:00 +0530 Tue, 27 Nov 2018 06:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370950 Penalty under service tax law may be waived where non-payment occurred under a bona fide belief and reasonable cause is shown. Here, the assessee had not collected service tax from customers, the levy on tour operator services was under challenge before the High Court during the relevant period, and the surrounding dispute created confusion in the field. Tax and interest were later paid. On those facts, Section 80 of the Finance Act, 1994 was applied to grant waiver of penalty, with the principle noted that penalty is not exigible where Section 80 is satisfied even if the demand covers the extended period. Case-Laws Service Tax Fri, 31 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370950