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2017 (6) TMI 277 - AT - Service TaxPenalties u/s 77 and 78 - bargain discounts given to the dealers were not included in the assessable value - Held that: - the exemption from service tax had just been removed on the commission agent service in July, 2004 and the appellants were paying income tax on the basis of net commission fee after deducting bargain discounts, the plea of bonafide belief appears to be convincing. Their bonafides are also strengthened by the fact they paid entire short levy much before the issuance of SCN - penalties set aside - appeal allowed - decided in favor of appellant.
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