https://www.taxtmi.com/caselaws?id=76437 The Tribunal upheld the Commissioner (Appeals)' decision to reduce the penalty imposed on M/s. V.M. Engineering Works under section 76 of the Finance Act, 1994 for delayed service tax payment. The penalty was reduced from Rs. 22,800 to Rs. 8,000 based on the appellant's compliance history, partial tax payment, and application of section 80 of the Finance Act, 1994. The Tribunal found the appellant eligible for leniency under section 80, rejecting the revenue's appeal for a stricter penalty and affirming the reduction to Rs. 8,000. en-us Fri, 23 Oct 2009 00:00:00 +0530 Fri, 25 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76437 The Tribunal upheld the Commissioner (Appeals)' decision to reduce the penalty imposed on M/s. V.M. Engineering Works under section 76 of the Finance Act, 1994 for delayed service tax payment. The penalty was reduced from Rs. 22,800 to Rs. 8,000 based on the appellant's compliance history, partial tax payment, and application of section 80 of the Finance Act, 1994. The Tribunal found the appellant eligible for leniency under section 80, rejecting the revenue's appeal for a stricter penalty and affirming the reduction to Rs. 8,000. Case-Laws Service Tax Fri, 23 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76437