https://www.taxtmi.com/caselaws?id=4391 The Tribunal allowed the appeal by remanding the case back to the lower authority for reconsideration. The penalty enhancement imposed on the appellant under section 76 of the Finance Act, 1994, was set aside due to incorrect calculation of the delay in service tax payment. The decision emphasized the importance of accurate factual assessment in determining penalties and the need for precise data review before enhancing penalties. en-us Tue, 03 Apr 2007 00:00:00 +0530 Wed, 02 Jul 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4391 The Tribunal allowed the appeal by remanding the case back to the lower authority for reconsideration. The penalty enhancement imposed on the appellant under section 76 of the Finance Act, 1994, was set aside due to incorrect calculation of the delay in service tax payment. The decision emphasized the importance of accurate factual assessment in determining penalties and the need for precise data review before enhancing penalties. Case-Laws Service Tax Tue, 03 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4391