https://www.taxtmi.com/caselaws?id=256657 The tribunal partially allows the appeal, reducing the penalty under Section 78 to 25% of the adjudicated service tax liability, on the condition that both the service tax liability with interest and the reduced penalty are paid within 30 days of the order receipt. The judgment emphasizes the importance of granting the option for reduced penalty to ensure fairness in penalty imposition under the Finance Act, 1994. en-us Wed, 26 Nov 2014 00:00:00 +0530 Wed, 18 Feb 2015 23:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256657 The tribunal partially allows the appeal, reducing the penalty under Section 78 to 25% of the adjudicated service tax liability, on the condition that both the service tax liability with interest and the reduced penalty are paid within 30 days of the order receipt. The judgment emphasizes the importance of granting the option for reduced penalty to ensure fairness in penalty imposition under the Finance Act, 1994. Case-Laws Service Tax Wed, 26 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256657