Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>CESTAT Chandigarh: Penalty Waived under Finance Act 1994</h1> The Appellate Tribunal CESTAT Chandigarh waived the penalty imposed on the appellant under Section 77(2) of the Finance Act, 1994, as the main party had ... Levy of penalty under Section 77(2) of the Finance Act, 1994 - case of appellant is that the main party i.e. M/s Haryana Ex Service League has already gone into ‘SVLDR Scheme’ and obtained discharged certificate - HELD THAT:- Considering the fact that main party has already been discharged and obtained Form-4, in that circumstance, the penalty imposed on the appellant is waived. The appeal is allowed with consequential relief, if any. The Appellate Tribunal CESTAT Chandigarh waived a penalty of Rs. 2000 imposed on the appellant under Section 77(2) of the Finance Act, 1994, as the main party had already obtained a discharged certificate under the SVLDR Scheme. The appeal was allowed with consequential relief.