2006 (12) TMI 560

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..../2005 1. The revenue is aggrieved with the reduction of penalty to Rs. 50,000 by the Commissioner (Appeals). The assessee is not challenging the levy of service tax and interest, but prayed for dropping of penalty imposed under section 76 to an extent of Rs. 1,28,558. However, the Commissioner (Appeals) did not accept the assessees' plea but found reason to reduce the penalty as he did not find....

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....lty. There is no merit in this appeal and the same is dismissed. ST/07/2005 5. In this appeal, the revenue is aggrieved with the reduction of penalty from Rs. 1,11,796 to Rs. 10,000. The Commissioner (Appeals), in this case also, has noted that the amounts had been paid by the assessee and that there was no charge of suppression of value of taxable service with an intention to evade duty. Th....