Appellant granted penalty waiver u/s 80 for timely service tax payment; penalty reduced to 25% u/s 76.
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....Waiver of penalty or benefit of reduced penalty @25% - Appellant has shown reasonable cause for non payment of service tax and considering facts that the appellant has discharged service tax, before issuance of show cause notice, they are entitle for the waiver of penalty imposed under Section 76 invoking Section 80 - AT....




TaxTMI
TaxTMI