https://www.taxtmi.com/caselaws?id=183648 The Tribunal upheld service tax demands and interest but set aside the penalty under Section 76, maintaining penalties under Sections 77 and 78. The penalty under Section 78 was reduced to 25% of the confirmed demand if paid within 30 days. The decision was based on judicial precedents indicating that once penalty under Section 78 is imposed, penalty under Section 76 may not be justified. The appeal was disposed of with the mentioned outcomes regarding service tax demands and penalties under the Finance Act, 1994. en-us Fri, 11 Sep 2015 00:00:00 +0530 Fri, 17 Jun 2016 08:43:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183648 The Tribunal upheld service tax demands and interest but set aside the penalty under Section 76, maintaining penalties under Sections 77 and 78. The penalty under Section 78 was reduced to 25% of the confirmed demand if paid within 30 days. The decision was based on judicial precedents indicating that once penalty under Section 78 is imposed, penalty under Section 76 may not be justified. The appeal was disposed of with the mentioned outcomes regarding service tax demands and penalties under the Finance Act, 1994. Case-Laws Central Excise Fri, 11 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183648