https://www.taxtmi.com/caselaws?id=385353 The Tribunal set aside penalties imposed under sections 77(1)(a) and 78 of the Finance Act, 1994, on M/s. Dankuni Coal Complex for non-payment of service tax under reverse charge mechanism. The appellant's prompt rectification of the error, payment of tax with interest, and lack of dispute over the demand led to the penalties being waived under Section 80 of the Act. The Tribunal emphasized the discretionary power to waive penalties for reasonable causes, allowing the appeal and providing consequential benefits to the appellant. en-us Tue, 11 Jun 2019 00:00:00 +0530 Wed, 04 Sep 2019 07:14:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385353 The Tribunal set aside penalties imposed under sections 77(1)(a) and 78 of the Finance Act, 1994, on M/s. Dankuni Coal Complex for non-payment of service tax under reverse charge mechanism. The appellant's prompt rectification of the error, payment of tax with interest, and lack of dispute over the demand led to the penalties being waived under Section 80 of the Act. The Tribunal emphasized the discretionary power to waive penalties for reasonable causes, allowing the appeal and providing consequential benefits to the appellant. Case-Laws Service Tax Tue, 11 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385353