https://www.taxtmi.com/caselaws?id=201742 The Punjab and Haryana High Court dismissed the revenue's appeal challenging the Customs Excise and Service Tax Appellate Tribunal's decision not to impose a penalty under section 76 of the Finance Act, 1994. The Court upheld the Tribunal's ruling that penalties under sections 76 and 78 are mutually exclusive. It concluded that since a penalty under section 78 had already been imposed equal to the service tax, no penalty under section 76 was warranted. The Court found no substantial question of law and affirmed the Tribunal's decision. en-us Fri, 17 Dec 2010 00:00:00 +0530 Tue, 01 Feb 2011 09:43:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=201742 The Punjab and Haryana High Court dismissed the revenue's appeal challenging the Customs Excise and Service Tax Appellate Tribunal's decision not to impose a penalty under section 76 of the Finance Act, 1994. The Court upheld the Tribunal's ruling that penalties under sections 76 and 78 are mutually exclusive. It concluded that since a penalty under section 78 had already been imposed equal to the service tax, no penalty under section 76 was warranted. The Court found no substantial question of law and affirmed the Tribunal's decision. Case-Laws Service Tax Fri, 17 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=201742