https://www.taxtmi.com/caselaws?id=251187 The Tribunal upheld the penalties imposed on the appellant under sections 76 and 78 of the Finance Act, 1994, citing previous judgments supporting the penalties' applicability. However, the appellant was granted a reduced penalty under section 78 for timely payment of service tax liability and interest. The Tribunal directed the adjudicating authority to verify penalty payments under both sections, ensuring any excess amounts paid by the appellant are promptly refunded. The appeal was disposed of with instructions for further assessment by the authority. en-us Fri, 18 May 2012 00:00:00 +0530 Sat, 30 Aug 2014 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251187 The Tribunal upheld the penalties imposed on the appellant under sections 76 and 78 of the Finance Act, 1994, citing previous judgments supporting the penalties' applicability. However, the appellant was granted a reduced penalty under section 78 for timely payment of service tax liability and interest. The Tribunal directed the adjudicating authority to verify penalty payments under both sections, ensuring any excess amounts paid by the appellant are promptly refunded. The appeal was disposed of with instructions for further assessment by the authority. Case-Laws Service Tax Fri, 18 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251187