https://www.taxtmi.com/caselaws?id=246159 The High Court of Karnataka upheld the Tribunal's decision to limit the penalty to 25% of the service tax amount under Section 78 of the Act. The Court ruled in favor of the assessee, stating that the authority had the discretion to reduce the penalty in cases where duty and penalty were paid before the authority's order, as per statutory provisions. The Revenue's argument that reducing the penalty to 25% was beyond the authority's jurisdiction was deemed illegal, leading to the dismissal of the Revenue's appeal. en-us Thu, 22 Sep 2011 00:00:00 +0530 Fri, 18 Apr 2014 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246159 The High Court of Karnataka upheld the Tribunal's decision to limit the penalty to 25% of the service tax amount under Section 78 of the Act. The Court ruled in favor of the assessee, stating that the authority had the discretion to reduce the penalty in cases where duty and penalty were paid before the authority's order, as per statutory provisions. The Revenue's argument that reducing the penalty to 25% was beyond the authority's jurisdiction was deemed illegal, leading to the dismissal of the Revenue's appeal. Case-Laws Service Tax Thu, 22 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246159