https://www.taxtmi.com/caselaws?id=205963 Concessional penalty was available where the assessee paid service tax before the show cause notice and paid interest within the stipulated time after adjudication, especially since the original authority did not extend the statutory option for reduced penalty. The Tribunal also treated the default covered by Section 78 as encompassing the Section 76 lapse, and applied the settled view that separate penalty under Section 76 was not warranted once penalty under Section 78 was imposed, even for the period before the 10.05.2008 amendment. Penalty under Section 77 was likewise unsustainable on the facts. en-us Mon, 07 Feb 2011 00:00:00 +0530 Thu, 01 Sep 2011 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205963 Concessional penalty was available where the assessee paid service tax before the show cause notice and paid interest within the stipulated time after adjudication, especially since the original authority did not extend the statutory option for reduced penalty. The Tribunal also treated the default covered by Section 78 as encompassing the Section 76 lapse, and applied the settled view that separate penalty under Section 76 was not warranted once penalty under Section 78 was imposed, even for the period before the 10.05.2008 amendment. Penalty under Section 77 was likewise unsustainable on the facts. Case-Laws Service Tax Mon, 07 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205963