https://www.taxtmi.com/caselaws?id=30586 The Appellate Tribunal CESTAT, Chennai maintained the penalty of Rs. 100 per day under section 76 of the Finance Act, 1994, citing lack of power to reduce below the mandatory minimum. It upheld the reduced penalty of Rs. 5,000 under section 78, noting the lack of challenge to the service provider's intention. The Tribunal emphasized adherence to legal precedents and proper appellate procedures for challenging and modifying penalties. en-us Fri, 20 Jun 2008 00:00:00 +0530 Wed, 31 Dec 2008 07:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30586 The Appellate Tribunal CESTAT, Chennai maintained the penalty of Rs. 100 per day under section 76 of the Finance Act, 1994, citing lack of power to reduce below the mandatory minimum. It upheld the reduced penalty of Rs. 5,000 under section 78, noting the lack of challenge to the service provider's intention. The Tribunal emphasized adherence to legal precedents and proper appellate procedures for challenging and modifying penalties. Case-Laws Service Tax Fri, 20 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30586