https://www.taxtmi.com/caselaws?id=34962 The Appellate Tribunal upheld the reduction of the penalty imposed under Section 76 of the Finance Act, 1994 to Rs.35/- by the Commissioner (Appeals). The respondents had deposited the service tax before the show cause notice was issued, leading to the conclusion that penalties for delayed payment were not applicable. As the penalty had already been reduced to the amount of tax due, the Tribunal rejected the Revenue's appeal, affirming the penalty reduction to Rs.35/-. en-us Wed, 21 Oct 2009 00:00:00 +0530 Mon, 23 Nov 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=34962 The Appellate Tribunal upheld the reduction of the penalty imposed under Section 76 of the Finance Act, 1994 to Rs.35/- by the Commissioner (Appeals). The respondents had deposited the service tax before the show cause notice was issued, leading to the conclusion that penalties for delayed payment were not applicable. As the penalty had already been reduced to the amount of tax due, the Tribunal rejected the Revenue's appeal, affirming the penalty reduction to Rs.35/-. Case-Laws Service Tax Wed, 21 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=34962