https://www.taxtmi.com/caselaws?id=207548 The Appellate Tribunal CESTAT, New Delhi revoked the penalties imposed under sections 76 & 77 of the Finance Act, 1994 in a case concerning the transportation of coal. The Tribunal upheld the order but set aside the penalties under sections 76 & 77, citing that once section 80 is invoked to waive penalties under section 78, there is no justification to impose penalties under sections 76 & 77. The decision was based on the principle that if a reasonable cause exists to waive penalties, all penalties should be waived. en-us Wed, 14 Sep 2011 00:00:00 +0530 Fri, 16 Dec 2011 07:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207548 The Appellate Tribunal CESTAT, New Delhi revoked the penalties imposed under sections 76 & 77 of the Finance Act, 1994 in a case concerning the transportation of coal. The Tribunal upheld the order but set aside the penalties under sections 76 & 77, citing that once section 80 is invoked to waive penalties under section 78, there is no justification to impose penalties under sections 76 & 77. The decision was based on the principle that if a reasonable cause exists to waive penalties, all penalties should be waived. Case-Laws Service Tax Wed, 14 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207548