https://www.taxtmi.com/caselaws?id=78237 The Appellate Tribunal CESTAT, New Delhi set aside the Revisionary order imposing penalties under sections 76 and 78 of the Finance Act, 1994. The matter was remanded to the Adjudicating Authority for a fair hearing and proper decision on the penalty issue, emphasizing the importance of considering concessional penalties and the assessee's right to be heard on this matter. The Adjudicating Authority was directed to re-examine whether penalties should be imposed and if the assessee is entitled to concessional penalties under relevant provisions and legal precedents. en-us Wed, 10 Mar 2010 00:00:00 +0530 Wed, 10 Nov 2010 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78237 The Appellate Tribunal CESTAT, New Delhi set aside the Revisionary order imposing penalties under sections 76 and 78 of the Finance Act, 1994. The matter was remanded to the Adjudicating Authority for a fair hearing and proper decision on the penalty issue, emphasizing the importance of considering concessional penalties and the assessee's right to be heard on this matter. The Adjudicating Authority was directed to re-examine whether penalties should be imposed and if the assessee is entitled to concessional penalties under relevant provisions and legal precedents. Case-Laws Service Tax Wed, 10 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78237