2019 (3) TMI 1054

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....a, Advocate for the Appellant Shri B. Balamurugan, AC (AR) for the Respondent ORDER Per Bench The facts of the case are that pursuant to audit, it emerged that there were differences between the taxable values shows in the periodical returns in form ST-3 returns and the quantum of service charges charged and collected as reflected in the balance sheet. Accordingly, proceedings were ini....

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....hority to quantify the demand accordingly. Hence this appeal. 2. Today, when the matter came up for hearing Ms. D. Naveena submits that they are not contesting the tax liability but they are only seeking setting aside of the penalty imposed under section 78 of the Act. She submits that the tax liability had arisen only due to bona fide belief that sub-contract charges would not be leviable to s....