https://www.taxtmi.com/caselaws?id=32390 The Tribunal ruled in favor of the appellant, a public sector bank, in a service tax dispute. The appellant's non-payment of service tax was deemed a genuine error, supported by their compliance with tax obligations and lack of intent to evade tax. The Tribunal agreed to waive penalties, emphasizing the bona fide nature of the mistake and the appellant's willingness not to contest the demand if penalties were waived. Consequently, the appeal was allowed, and the penalties imposed on the appellant were set aside. en-us Mon, 27 Oct 2008 00:00:00 +0530 Fri, 05 Jun 2009 09:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32390 The Tribunal ruled in favor of the appellant, a public sector bank, in a service tax dispute. The appellant's non-payment of service tax was deemed a genuine error, supported by their compliance with tax obligations and lack of intent to evade tax. The Tribunal agreed to waive penalties, emphasizing the bona fide nature of the mistake and the appellant's willingness not to contest the demand if penalties were waived. Consequently, the appeal was allowed, and the penalties imposed on the appellant were set aside. Case-Laws Service Tax Mon, 27 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32390