https://www.taxtmi.com/caselaws?id=206864 The Appellate Tribunal CESTAT, New Delhi, allowed the appeal in a case involving penalties under Section 76 and 78 of the Finance Act, 1994. The tribunal found that the penalty under Section 78 was not applicable due to the absence of malice from the appellant. For the penalty under Section 76, the matter was remanded back to the Adjudicating Authority to assess the appellant's plea under Section 80 regarding a reasonable cause for non-compliance. The appeal was partially allowed, waiving the penalty to a certain extent, with the stay application disposed of through a common order. en-us Fri, 07 Oct 2011 00:00:00 +0530 Sat, 19 Nov 2011 07:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206864 The Appellate Tribunal CESTAT, New Delhi, allowed the appeal in a case involving penalties under Section 76 and 78 of the Finance Act, 1994. The tribunal found that the penalty under Section 78 was not applicable due to the absence of malice from the appellant. For the penalty under Section 76, the matter was remanded back to the Adjudicating Authority to assess the appellant's plea under Section 80 regarding a reasonable cause for non-compliance. The appeal was partially allowed, waiving the penalty to a certain extent, with the stay application disposed of through a common order. Case-Laws Service Tax Fri, 07 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206864