https://www.taxtmi.com/caselaws?id=239331 The CESTAT upheld the imposition of penalty under Section 76 of the Finance Act, 1994, alongside the penalty under Section 78, for the period before 10/05/2008. The appellant's argument that penalty under Section 76 is not attracted once penalty under Section 78 is imposed was rejected. The CESTAT ruled that penalties under both sections could be imposed separately, even for offenses committed in the same transaction, based on the interpretation of law and judicial discipline. Consequently, the appellant's appeal was dismissed. en-us Tue, 03 Sep 2013 00:00:00 +0530 Fri, 15 Nov 2013 12:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=239331 The CESTAT upheld the imposition of penalty under Section 76 of the Finance Act, 1994, alongside the penalty under Section 78, for the period before 10/05/2008. The appellant's argument that penalty under Section 76 is not attracted once penalty under Section 78 is imposed was rejected. The CESTAT ruled that penalties under both sections could be imposed separately, even for offenses committed in the same transaction, based on the interpretation of law and judicial discipline. Consequently, the appellant's appeal was dismissed. Case-Laws Service Tax Tue, 03 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=239331