https://www.taxtmi.com/caselaws?id=377486 The Tribunal overturned the decision of the Commissioner (Appeals) and set aside the penalties imposed on the appellant, a Government of Tamil Nadu undertaking, for failure to pay service tax on reverse charge mechanism for rent-a-cab service. The Tribunal held that since the appellant paid the service tax and interest before the show cause notice was issued, no penalties should be imposed as per section 73(3) of the Finance Act. The appeal was allowed, emphasizing the significance of timely compliance with tax obligations and the protection provided to taxpayers rectifying errors promptly upon notification by tax authorities. en-us Mon, 28 Jan 2019 00:00:00 +0530 Sat, 30 Mar 2019 07:47:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377486 The Tribunal overturned the decision of the Commissioner (Appeals) and set aside the penalties imposed on the appellant, a Government of Tamil Nadu undertaking, for failure to pay service tax on reverse charge mechanism for rent-a-cab service. The Tribunal held that since the appellant paid the service tax and interest before the show cause notice was issued, no penalties should be imposed as per section 73(3) of the Finance Act. The appeal was allowed, emphasizing the significance of timely compliance with tax obligations and the protection provided to taxpayers rectifying errors promptly upon notification by tax authorities. Case-Laws Service Tax Mon, 28 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377486