https://www.taxtmi.com/caselaws?id=31 Penalty for delayed filing of a service tax return under Section 77 of the Finance Act, 1994 was treated as discretionary rather than a minimum mandatory levy. On that basis, the competent authority could consider the facts and circumstances and waive the penalty where relief was justified. The Tribunal found that the impugned order had properly exercised that discretion and saw no reason to interfere with the waiver. The Revenue's challenge therefore failed, and the waiver of penalty was upheld. en-us Fri, 02 Feb 2001 00:00:00 +0530 Tue, 01 Jul 2008 18:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31 Penalty for delayed filing of a service tax return under Section 77 of the Finance Act, 1994 was treated as discretionary rather than a minimum mandatory levy. On that basis, the competent authority could consider the facts and circumstances and waive the penalty where relief was justified. The Tribunal found that the impugned order had properly exercised that discretion and saw no reason to interfere with the waiver. The Revenue's challenge therefore failed, and the waiver of penalty was upheld. Case-Laws Service Tax Fri, 02 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31