https://www.taxtmi.com/caselaws?id=270417 The Tribunal set aside the penalty imposed under Section 76 based on the principle that penalties under Sections 76 and 78 of the Finance Act, 1994 cannot be imposed simultaneously. The appellant was allowed to pay a reduced penalty of 25% under Section 78, subject to payment within 30 days from the Tribunal's order, while upholding the demand for service tax, interest, and a penalty under Section 75A. The appeal was partly allowed in these terms. en-us Fri, 23 Oct 2015 00:00:00 +0530 Wed, 06 Jan 2016 11:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270417 The Tribunal set aside the penalty imposed under Section 76 based on the principle that penalties under Sections 76 and 78 of the Finance Act, 1994 cannot be imposed simultaneously. The appellant was allowed to pay a reduced penalty of 25% under Section 78, subject to payment within 30 days from the Tribunal's order, while upholding the demand for service tax, interest, and a penalty under Section 75A. The appeal was partly allowed in these terms. Case-Laws Service Tax Fri, 23 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270417