https://www.taxtmi.com/caselaws?id=242609 The Tribunal partially allowed the appeal by setting aside the penalty under section 76 but confirming the penalty under section 77. The judgment emphasized the importance of timely tax payment and the absence of suppression or misstatement in determining the applicability of penalties under the Finance Act, 1994. en-us Fri, 29 Nov 2013 00:00:00 +0530 Sat, 18 Jan 2014 10:40:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242609 The Tribunal partially allowed the appeal by setting aside the penalty under section 76 but confirming the penalty under section 77. The judgment emphasized the importance of timely tax payment and the absence of suppression or misstatement in determining the applicability of penalties under the Finance Act, 1994. Case-Laws Service Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242609