https://www.taxtmi.com/caselaws?id=288937 Where service tax was paid before issuance of the show cause notice, the Tribunal held that penalty under Sections 76 and 77 of the Finance Act, 1994 need not be restored at the higher original level. It accepted that the delay arose from administrative and labour-related difficulties and that the adjudicating authority could lawfully exercise discretion to reduce the penalty. The absence of any cross-appeal by the assessee also supported the reduced penalty. The Revenue's appeal was rejected and the order confirming the reduced penalties was sustained. en-us Fri, 11 Nov 2005 00:00:00 +0530 Mon, 06 Jul 2020 18:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=288937 Where service tax was paid before issuance of the show cause notice, the Tribunal held that penalty under Sections 76 and 77 of the Finance Act, 1994 need not be restored at the higher original level. It accepted that the delay arose from administrative and labour-related difficulties and that the adjudicating authority could lawfully exercise discretion to reduce the penalty. The absence of any cross-appeal by the assessee also supported the reduced penalty. The Revenue's appeal was rejected and the order confirming the reduced penalties was sustained. Case-Laws Central Excise Fri, 11 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=288937