https://www.taxtmi.com/caselaws?id=78236 The Appellate Tribunal CESTAT, Chennai overturned a penalty of Rs. 1,20,000 imposed on the assessees under section 76 of the Finance Act, 1994. The penalty under section 76 was set aside as it was found to be mutually exclusive with the penalty under section 78. The appeal was allowed. en-us Fri, 09 Apr 2010 00:00:00 +0530 Wed, 10 Nov 2010 12:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78236 The Appellate Tribunal CESTAT, Chennai overturned a penalty of Rs. 1,20,000 imposed on the assessees under section 76 of the Finance Act, 1994. The penalty under section 76 was set aside as it was found to be mutually exclusive with the penalty under section 78. The appeal was allowed. Case-Laws Service Tax Fri, 09 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78236