https://www.taxtmi.com/caselaws?id=34260 The appellate tribunal upheld the Commissioner (Appeals)' decision to set aside the penalty under Section 78 of the Finance Act, 1994 imposed on a proprietorship firm engaged in transportation and C&F agency of cement. The tribunal found that there was no evidence of willful suppression by the assessee to avoid service tax payment and noted the confusion regarding tax liabilities during the relevant period. The penalty under Section 78 was quashed, and the penalty under Section 77 was reduced to Rs. 500. The tribunal dismissed the Revenue's appeal, affirming the decision of the Commissioner (Appeals). en-us Fri, 30 Jan 2009 00:00:00 +0530 Sat, 01 Aug 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34260 The appellate tribunal upheld the Commissioner (Appeals)' decision to set aside the penalty under Section 78 of the Finance Act, 1994 imposed on a proprietorship firm engaged in transportation and C&F agency of cement. The tribunal found that there was no evidence of willful suppression by the assessee to avoid service tax payment and noted the confusion regarding tax liabilities during the relevant period. The penalty under Section 78 was quashed, and the penalty under Section 77 was reduced to Rs. 500. The tribunal dismissed the Revenue's appeal, affirming the decision of the Commissioner (Appeals). Case-Laws Service Tax Fri, 30 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34260