https://www.taxtmi.com/caselaws?id=374009 The Tribunal set aside the penalty imposed on the appellant for short payment of tax on foreign remittances to foreign service providers. The appellant had paid the alleged duty and interest before the notice, based on a bonafide belief regarding liability. The Tribunal ruled in favor of the appellant, citing the mandatory nature of Section 73(3) of the Finance Act when duty is paid before notice issuance. The Department's reliance on Section 73(4) was rejected, as evidence of intentional evasion was lacking. The penalty was deemed incorrect, and the appeal was allowed in favor of the appellant. en-us Thu, 03 Jan 2019 00:00:00 +0530 Thu, 24 Jan 2019 07:22:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374009 The Tribunal set aside the penalty imposed on the appellant for short payment of tax on foreign remittances to foreign service providers. The appellant had paid the alleged duty and interest before the notice, based on a bonafide belief regarding liability. The Tribunal ruled in favor of the appellant, citing the mandatory nature of Section 73(3) of the Finance Act when duty is paid before notice issuance. The Department's reliance on Section 73(4) was rejected, as evidence of intentional evasion was lacking. The penalty was deemed incorrect, and the appeal was allowed in favor of the appellant. Case-Laws Service Tax Thu, 03 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374009