https://www.taxtmi.com/caselaws?id=35523 The Tribunal upheld the Commissioner (Appeals)'s decision to reduce the penalty under Section 76 from Rs. 1,30,860 to Rs. 41,000 based on the appellant's payment of service tax with interest before the show cause notice. While acknowledging that Section 76 mandates a minimum penalty without the authority to reduce it, the Tribunal found the Commissioner's reasons for reduction justifiable. The Revenue's appeal was rejected as they did not challenge these reasons, and the penalty amount set by the Commissioner (Appeals) was upheld, with the Tribunal disposing of the cross-objections filed by the appellants. en-us Tue, 19 May 2009 00:00:00 +0530 Fri, 12 Mar 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=35523 The Tribunal upheld the Commissioner (Appeals)'s decision to reduce the penalty under Section 76 from Rs. 1,30,860 to Rs. 41,000 based on the appellant's payment of service tax with interest before the show cause notice. While acknowledging that Section 76 mandates a minimum penalty without the authority to reduce it, the Tribunal found the Commissioner's reasons for reduction justifiable. The Revenue's appeal was rejected as they did not challenge these reasons, and the penalty amount set by the Commissioner (Appeals) was upheld, with the Tribunal disposing of the cross-objections filed by the appellants. Case-Laws Service Tax Tue, 19 May 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=35523