https://www.taxtmi.com/caselaws?id=251623 The Tribunal allowed the Revenue's appeal in a case concerning the imposition of penalties under sections 76 and 78 of the Finance Act, 1994 for the recovery of Service Tax under section 73A. The Tribunal held that penalties under sections 76 and 78 could not be imposed simultaneously, and in this case, the penalty under section 78 was justified due to the willful evasion of Service Tax by the Respondent. The Commissioner (Appeals)'s decision to drop the penalties was overturned, and the imposition of the penalty under section 78, along with interest recoverable under the Act, was upheld. en-us Fri, 12 Sep 2014 00:00:00 +0530 Fri, 03 Jul 2015 14:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251623 The Tribunal allowed the Revenue's appeal in a case concerning the imposition of penalties under sections 76 and 78 of the Finance Act, 1994 for the recovery of Service Tax under section 73A. The Tribunal held that penalties under sections 76 and 78 could not be imposed simultaneously, and in this case, the penalty under section 78 was justified due to the willful evasion of Service Tax by the Respondent. The Commissioner (Appeals)'s decision to drop the penalties was overturned, and the imposition of the penalty under section 78, along with interest recoverable under the Act, was upheld. Case-Laws Service Tax Fri, 12 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251623