https://www.taxtmi.com/caselaws?id=332532 The Tribunal upheld the decision not to impose penalties under Section 78 of the Finance Act, 1994, emphasizing the absence of suppression of facts in the revisionary notice and the legal prohibition against simultaneous imposition of penalties under Sections 76 and 78. The appeal by the Revenue was dismissed, affirming the denovo adjudication's outcome regarding service tax demand and penalty under Section 76. en-us Mon, 01 Aug 2016 00:00:00 +0530 Fri, 24 Feb 2017 17:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=332532 The Tribunal upheld the decision not to impose penalties under Section 78 of the Finance Act, 1994, emphasizing the absence of suppression of facts in the revisionary notice and the legal prohibition against simultaneous imposition of penalties under Sections 76 and 78. The appeal by the Revenue was dismissed, affirming the denovo adjudication's outcome regarding service tax demand and penalty under Section 76. Case-Laws Service Tax Mon, 01 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=332532