https://www.taxtmi.com/caselaws?id=33865 The Technical Member invoked section 80 of the Finance Act to waive the penalty imposed under section 76 for delay in payment of Service Tax by a spinning unit. The Member considered the unit's ignorance of the tax liability as a valid reason for the delay, noting that the unit paid the tax voluntarily upon becoming aware of its obligation. The decision set aside the penalty and allowed the appeal with consequential relief. en-us Thu, 11 Dec 2008 00:00:00 +0530 Sat, 11 Jul 2009 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33865 The Technical Member invoked section 80 of the Finance Act to waive the penalty imposed under section 76 for delay in payment of Service Tax by a spinning unit. The Member considered the unit's ignorance of the tax liability as a valid reason for the delay, noting that the unit paid the tax voluntarily upon becoming aware of its obligation. The decision set aside the penalty and allowed the appeal with consequential relief. Case-Laws Service Tax Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33865