https://www.taxtmi.com/caselaws?id=33223 Section 80 of the Finance Act, 1994 is noted as permitting waiver of penalty for delayed deposit of service tax where reasonable cause for the failure is established. In the stated matter, the revenue appeal was not entertained because the revenue effect was negligible, and the penalty was not interfered with. The discussion therefore highlights that waiver depends on proof of reasonable cause, while the actual result described was that the penalty stood and the revenue challenge failed. en-us Thu, 11 Sep 2008 00:00:00 +0530 Wed, 29 Jul 2009 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33223 Section 80 of the Finance Act, 1994 is noted as permitting waiver of penalty for delayed deposit of service tax where reasonable cause for the failure is established. In the stated matter, the revenue appeal was not entertained because the revenue effect was negligible, and the penalty was not interfered with. The discussion therefore highlights that waiver depends on proof of reasonable cause, while the actual result described was that the penalty stood and the revenue challenge failed. Case-Laws Service Tax Thu, 11 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33223