https://www.taxtmi.com/caselaws?id=410012 The Tribunal upheld the respondent's VCES declaration, finding no substantial falsity. The additional tax liability of Rs. 1,53,100 was confirmed, attributed to calculation errors. The penalty under Section 78 was set aside, and the late fee reduced to Rs. 10,000 due to bona fide errors. The respondent was not liable to pay service tax on free materials supplied by the principal, in line with the Bhayana Builders decision. The respondent's cross-objections were allowed, granting consequential benefits as per law. en-us Tue, 06 Jul 2021 00:00:00 +0530 Thu, 22 Jul 2021 08:58:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410012 The Tribunal upheld the respondent's VCES declaration, finding no substantial falsity. The additional tax liability of Rs. 1,53,100 was confirmed, attributed to calculation errors. The penalty under Section 78 was set aside, and the late fee reduced to Rs. 10,000 due to bona fide errors. The respondent was not liable to pay service tax on free materials supplied by the principal, in line with the Bhayana Builders decision. The respondent's cross-objections were allowed, granting consequential benefits as per law. Case-Laws Service Tax Tue, 06 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410012