https://www.taxtmi.com/highlights?id=5237 The question of penalty proceedings would arise only when there could be valid recovery proceedings under Section 73(1) of the Act. That is the reason when the ‘non obstante’ clause in Section 80 refers to only Sections 76, 77 and 78 and not to Section 73 of the Act. - HC en-us Mon, 10 Sep 2012 09:08:28 +0530 Mon, 10 Sep 2012 09:08:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=5237 The question of penalty proceedings would arise only when there could be valid recovery proceedings under Section 73(1) of the Act. That is the reason when the ‘non obstante’ clause in Section 80 refers to only Sections 76, 77 and 78 and not to Section 73 of the Act. - HC Highlights Service Tax Mon, 10 Sep 2012 09:08:28 +0530 https://www.taxtmi.com/highlights?id=5237