https://www.taxtmi.com/caselaws?id=208287 The amended penalty of Rs. 100 per day under section 76 of the Finance Act, 1994 applied only from 10-09-2004, so it could not be levied for a default period before that date. The Karnataka HC noted that the Revenue's relied-upon earlier decision did not examine the amendment's effective date and therefore could not control the issue. On the admitted facts, the service tax default occurred before the enhanced penalty became operative, and the question was answered against the Revenue. en-us Fri, 19 Mar 2010 00:00:00 +0530 Wed, 30 May 2012 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208287 The amended penalty of Rs. 100 per day under section 76 of the Finance Act, 1994 applied only from 10-09-2004, so it could not be levied for a default period before that date. The Karnataka HC noted that the Revenue's relied-upon earlier decision did not examine the amendment's effective date and therefore could not control the issue. On the admitted facts, the service tax default occurred before the enhanced penalty became operative, and the question was answered against the Revenue. Case-Laws Service Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208287