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2007 (10) TMI 39 - AT - Service TaxPenalty – Default in payment of service tax amounts to Rs. 1,93,400 – Penalty u/s 76 was Rs. 81,429, u/s 77 was Rs. 1,000 and u/s 78 was Rs. 20,000 as already reduced by Comm.(A) – Already less than the maximum prescribed amount under the respective provisions – Penalty can not be reduced further
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