TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CESTAT stays Rs. 24,18,925 penalty under Finance Act Section 78, waives pre-deposit, tags appeal for final hearing.</h1> <h3>SAI SHIPPING SERVICE Versus COMMISSIONER OF C. EX., JAIPUR-I</h3> The Appellate Tribunal CESTAT, New Delhi, stayed the imposition of a penalty of Rs. 24,18,925 under Section 78 of the Finance Act by the Commissioner of ... Assessee contended that the imposition of penalty under Section 76 has been stayed by a Bench of this Tribunal – when main demand and penalty having been stayed, the enhancement of penalty under Section 78 in exercise of suo motu revisional power should also be stayed - the amount of pre-deposit of penalty is waived – stay granted The Appellate Tribunal CESTAT, New Delhi, in the case citation 2008 (1) TMI 224, stayed the imposition of penalty of Rs. 24,18,925/- under Section 78 of the Finance Act by the Commissioner of Central Excise. The Tribunal waived the pre-deposit of penalty until the appeal is disposed of and tagged the appeal with Service Tax Appeal No. 43 of 2007 for final hearing.
TaxTMI 
TaxTMI 
