https://www.taxtmi.com/caselaws?id=400782 The Tribunal set aside the penalty imposed under Section 78 of the Finance Act, 1994 on the appellant, a PSU, for non-payment of service tax. Despite a dispute for the period in question, the appellant had paid the tax and interest before the Show Cause Notice. Emphasizing the lack of deliberate intent to evade tax, citing legal precedents, the Tribunal ruled in favor of the appellant. The decision considered the appellant's proactive payment, legal arguments, and the status of being a PSU, concluding that penalty should not apply in the absence of intentional evasion. en-us Fri, 04 Sep 2020 00:00:00 +0530 Thu, 19 Nov 2020 07:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400782 The Tribunal set aside the penalty imposed under Section 78 of the Finance Act, 1994 on the appellant, a PSU, for non-payment of service tax. Despite a dispute for the period in question, the appellant had paid the tax and interest before the Show Cause Notice. Emphasizing the lack of deliberate intent to evade tax, citing legal precedents, the Tribunal ruled in favor of the appellant. The decision considered the appellant's proactive payment, legal arguments, and the status of being a PSU, concluding that penalty should not apply in the absence of intentional evasion. Case-Laws Service Tax Fri, 04 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400782