2004 (1) TMI 688

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....d both the sides. 2. The revenue filed this appeal against the Order-in-Appeal passed by the Commissioner (Appeals) whereby the penalty imposed under sections 76 and 77 of Finance Act, 1994 (Service Tax) was reduced to Rs. 20,000 in all. 3. The contention of the revenue is that under the provisions of Finance Act, 1994 a penalty was not less than Rs. 100 for default of every day where the as....