https://www.taxtmi.com/caselaws?id=77321 The Tribunal upheld the demand for Service Tax and interest due to acknowledged liability, but set aside the penalty imposed under Section 76 of the Act. The reduction in penalty to Rs. 25,000/- by the Commissioner (Appeals) was considered substantial under Section 80 of the Finance Act. Given the financial difficulties faced by the appellants, the Tribunal granted full benefit under this provision, thereby allowing the appeal and eliminating the penalty. en-us Wed, 03 Feb 2010 00:00:00 +0530 Wed, 27 Oct 2010 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77321 The Tribunal upheld the demand for Service Tax and interest due to acknowledged liability, but set aside the penalty imposed under Section 76 of the Act. The reduction in penalty to Rs. 25,000/- by the Commissioner (Appeals) was considered substantial under Section 80 of the Finance Act. Given the financial difficulties faced by the appellants, the Tribunal granted full benefit under this provision, thereby allowing the appeal and eliminating the penalty. Case-Laws Service Tax Wed, 03 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77321