https://www.taxtmi.com/caselaws?id=685 The Tribunal condoned the delay of appeal after accepting the explanation provided by both parties. It waived the pre-deposit requirement and stayed recovery of a penalty amount. While penalties were initially imposed under Sections 76, 77, and 78 of the Finance Act, 1994, the Tribunal set aside penalties under Sections 76 and 77, and allowed the appeal by modifying the order concerning the penalty under Section 78. The decision was based on relevant case law and submissions from both parties. en-us Wed, 31 May 2006 00:00:00 +0530 Thu, 18 Jun 2015 15:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=685 The Tribunal condoned the delay of appeal after accepting the explanation provided by both parties. It waived the pre-deposit requirement and stayed recovery of a penalty amount. While penalties were initially imposed under Sections 76, 77, and 78 of the Finance Act, 1994, the Tribunal set aside penalties under Sections 76 and 77, and allowed the appeal by modifying the order concerning the penalty under Section 78. The decision was based on relevant case law and submissions from both parties. Case-Laws Service Tax Wed, 31 May 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=685