https://www.taxtmi.com/caselaws?id=77282 The Tribunal upheld the Commissioner (Appeals) decision to set aside the penalty enhancement imposed under Section 76 for belated payment of service tax, rejecting the Revenue's appeal. The Tribunal clarified that rectification under Section 74 was not warranted for the penalty calculation discrepancy and emphasized that any dissatisfaction with the penalty should be addressed through a revision under Section 84 of the Finance Act, 1994. The appeal was dismissed, affirming the lower penalty rate imposed by the Commissioner (Appeals) as not constituting an error necessitating correction. en-us Wed, 27 Jan 2010 00:00:00 +0530 Wed, 01 May 2013 12:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77282 The Tribunal upheld the Commissioner (Appeals) decision to set aside the penalty enhancement imposed under Section 76 for belated payment of service tax, rejecting the Revenue's appeal. The Tribunal clarified that rectification under Section 74 was not warranted for the penalty calculation discrepancy and emphasized that any dissatisfaction with the penalty should be addressed through a revision under Section 84 of the Finance Act, 1994. The appeal was dismissed, affirming the lower penalty rate imposed by the Commissioner (Appeals) as not constituting an error necessitating correction. Case-Laws Service Tax Wed, 27 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77282