https://www.taxtmi.com/caselaws?id=32711 Penalty under the service tax regime was examined only on the question of waiver or reduction, with the assessee relying on illness, disability and Section 80 of the Finance Act, 1994. The Tribunal treated the default as arising at an early stage of implementation, noted that the tax involvement was very low, and found the original penalty disproportionate. To prevent recurrence of default, it reduced the penalty and granted partial relief to the assessee. en-us Fri, 27 Feb 2009 00:00:00 +0530 Fri, 07 May 2010 12:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32711 Penalty under the service tax regime was examined only on the question of waiver or reduction, with the assessee relying on illness, disability and Section 80 of the Finance Act, 1994. The Tribunal treated the default as arising at an early stage of implementation, noted that the tax involvement was very low, and found the original penalty disproportionate. To prevent recurrence of default, it reduced the penalty and granted partial relief to the assessee. Case-Laws Service Tax Fri, 27 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32711