https://www.taxtmi.com/caselaws?id=206799 The tribunal upheld the lower appellate authority's decision, rejecting the revenue's appeal against dropping the penalty under Section 76 of the Finance Act, 1994. The tribunal found that the penalty under Section 76 was not imposable when the penalty under Section 78 was applicable, as the show-cause notice was issued during the period when proviso 5 to Section 78 was in force. The decisions cited by the revenue were deemed irrelevant as they predated the introduction of proviso 5 to Section 78. en-us Tue, 05 Apr 2011 00:00:00 +0530 Thu, 01 Sep 2011 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206799 The tribunal upheld the lower appellate authority's decision, rejecting the revenue's appeal against dropping the penalty under Section 76 of the Finance Act, 1994. The tribunal found that the penalty under Section 76 was not imposable when the penalty under Section 78 was applicable, as the show-cause notice was issued during the period when proviso 5 to Section 78 was in force. The decisions cited by the revenue were deemed irrelevant as they predated the introduction of proviso 5 to Section 78. Case-Laws Service Tax Tue, 05 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206799