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Service Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

Levy of penalty - the assesse's stand that they were under a ...


No Penalty Imposed on Assessee Due to Good Faith Belief in Discharged Tax Liability u/s 80, Finance Act 1994.

August 24, 2016

Case Laws     Service Tax     AT

Levy of penalty - the assesse's stand that they were under a bonafide belief that no tax liability would fall upon them as the same stands discharged by the sub-contractor is required to be appreciated in which case, the provisions of section 80 of the Finance Act, 1994 would get invoked – no penalty - AT

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