2002 (6) TMI 2 - AT - Service Tax

Summary

The Appellate Tribunal CEGAT, New Delhi disposed of an appeal regarding waiver of pre-deposit of penalty. The tribunal upheld the demand for service tax due to a retrospective amendment but set aside the penalty imposed, stating that a subsequent amendment with retrospective effect cannot bring penal consequences on the assessee. The appeal was allowed in part, granting relief to the appellant regarding the penalty.