https://www.taxtmi.com/caselaws?id=75952 The Appellate Tribunal CESTAT, New Delhi upheld the Commissioner (Appeals) decision to reduce the penalty imposed on the respondents, Mandap Keepers, from double the amount to equal the service tax involved. The Tribunal emphasized the authority's discretion in imposing penalties, aligning with Section 78 of the Finance Act, 1994. The judgment clarified that even when a minimum penalty is prescribed, a lesser penalty can be imposed based on the circumstances. The appeal brought by the revenue was dismissed, affirming the penalty reduction decision. en-us Mon, 12 Apr 2010 00:00:00 +0530 Mon, 01 Nov 2010 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75952 The Appellate Tribunal CESTAT, New Delhi upheld the Commissioner (Appeals) decision to reduce the penalty imposed on the respondents, Mandap Keepers, from double the amount to equal the service tax involved. The Tribunal emphasized the authority's discretion in imposing penalties, aligning with Section 78 of the Finance Act, 1994. The judgment clarified that even when a minimum penalty is prescribed, a lesser penalty can be imposed based on the circumstances. The appeal brought by the revenue was dismissed, affirming the penalty reduction decision. Case-Laws Service Tax Mon, 12 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75952