https://www.taxtmi.com/caselaws?id=33993 The case involved M/s. Mahendra Construction & Co. appealing a penalty imposed under section 78 of the Finance Act, 1994, which was initially set at Rs. 25,000 by the Assistant Commissioner but reduced to Rs. 10,000 by the Commissioner (Appeals). The revenue contested the reduction, arguing that penalties under section 78 have a specified bandwidth and cannot be lowered below the minimum limit. However, the presiding authority upheld the Commissioner's decision, emphasizing the discretion available under section 80 of the Act. Consequently, the revenue's appeal was dismissed, and the penalty remained at Rs. 10,000. en-us Thu, 04 Dec 2008 00:00:00 +0530 Fri, 24 Jul 2009 12:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33993 The case involved M/s. Mahendra Construction & Co. appealing a penalty imposed under section 78 of the Finance Act, 1994, which was initially set at Rs. 25,000 by the Assistant Commissioner but reduced to Rs. 10,000 by the Commissioner (Appeals). The revenue contested the reduction, arguing that penalties under section 78 have a specified bandwidth and cannot be lowered below the minimum limit. However, the presiding authority upheld the Commissioner's decision, emphasizing the discretion available under section 80 of the Act. Consequently, the revenue's appeal was dismissed, and the penalty remained at Rs. 10,000. Case-Laws Service Tax Thu, 04 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33993