https://www.taxtmi.com/caselaws?id=789796 Voluntary payment of service tax and interest before issuance of notice can bring a matter within section 73(3) of the Finance Act, 1994 where the record does not show suppression, fraud or wilful misstatement; in that setting, continuation of proceedings is not justified. The text also notes that penalties under sections 78 and 77 are unsustainable where the assessee acted under a bona fide belief, disclosed the relevant transactions, and demonstrated reasonable cause under section 80. On the stated facts, the tax already paid remained undisturbed, while the penalty component was deleted. en-us Thu, 02 Apr 2026 00:00:00 +0530 Wed, 15 Apr 2026 09:04:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789796 Voluntary payment of service tax and interest before issuance of notice can bring a matter within section 73(3) of the Finance Act, 1994 where the record does not show suppression, fraud or wilful misstatement; in that setting, continuation of proceedings is not justified. The text also notes that penalties under sections 78 and 77 are unsustainable where the assessee acted under a bona fide belief, disclosed the relevant transactions, and demonstrated reasonable cause under section 80. On the stated facts, the tax already paid remained undisturbed, while the penalty component was deleted. Case-Laws Service Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789796