https://www.taxtmi.com/caselaws?id=162489 The Tribunal upheld the reduction of penalty imposed on the appellants under section 76, citing the applicability of an amnesty scheme introduced by the Government. Relying on relevant case law, the Tribunal found that those who paid tax and interest before a specified date were not liable for penalty. The Tribunal dismissed the Department's appeal, following the precedent set in the case of Bharat Security Services, and nullified the penalty imposed on the appellants. en-us Wed, 14 Jun 2006 00:00:00 +0530 Fri, 28 Feb 2014 12:07:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162489 The Tribunal upheld the reduction of penalty imposed on the appellants under section 76, citing the applicability of an amnesty scheme introduced by the Government. Relying on relevant case law, the Tribunal found that those who paid tax and interest before a specified date were not liable for penalty. The Tribunal dismissed the Department's appeal, following the precedent set in the case of Bharat Security Services, and nullified the penalty imposed on the appellants. Case-Laws Service Tax Wed, 14 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162489