https://www.taxtmi.com/caselaws?id=463261 HC dismissed the appeal, upholding the Tribunal's remand to the adjudicating authority to allow adjustment of excess service-tax payments against months of short payment and to quantify any net liability with interest. The HC also upheld the Tribunal's setting aside of the penalty under Section 78, finding absence of fraud, collusion, willful misstatement, suppression or intent to evade and that the assessee's accounting practice of estimated payments later reconciled constituted a reasonable cause under Section 80, barring penalty. The public-sector status was ancillary to the decision. en-us Thu, 18 Oct 2012 00:00:00 +0530 Wed, 20 Aug 2025 10:35:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463261 HC dismissed the appeal, upholding the Tribunal's remand to the adjudicating authority to allow adjustment of excess service-tax payments against months of short payment and to quantify any net liability with interest. The HC also upheld the Tribunal's setting aside of the penalty under Section 78, finding absence of fraud, collusion, willful misstatement, suppression or intent to evade and that the assessee's accounting practice of estimated payments later reconciled constituted a reasonable cause under Section 80, barring penalty. The public-sector status was ancillary to the decision. Case-Laws Service Tax Thu, 18 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463261