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    <title>2007 (12) TMI 108 - CESTAT, NEW DELHI</title>
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    <description>The Appellate Tribunal CESTAT, New Delhi upheld the Revenue&#039;s appeal regarding penalty reduction under Sections 76 and 78 of the Finance Act, 1994. The penalty imposed was restored to the level imposed by the adjudicating authority as it did not exceed the service tax payable by the respondents. The appeals were allowed.</description>
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    <pubDate>Thu, 20 Dec 2007 00:00:00 +0530</pubDate>
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      <description>The Appellate Tribunal CESTAT, New Delhi upheld the Revenue&#039;s appeal regarding penalty reduction under Sections 76 and 78 of the Finance Act, 1994. The penalty imposed was restored to the level imposed by the adjudicating authority as it did not exceed the service tax payable by the respondents. The appeals were allowed.</description>
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      <pubDate>Thu, 20 Dec 2007 00:00:00 +0530</pubDate>
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