https://www.taxtmi.com/caselaws?id=336821 The appeal by M/s Shryas Intermediates Ltd. regarding the penalty under Sections 77 and 78 of the Finance Act, 1994 was disposed of. The court decided not to uphold the penalty under Section 78 due to a revenue-neutral situation. However, the penalty under Section 77 was maintained for the appellant's failure to disclose transportation value in their returns. en-us Fri, 10 Jun 2016 00:00:00 +0530 Thu, 29 Dec 2016 12:20:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336821 The appeal by M/s Shryas Intermediates Ltd. regarding the penalty under Sections 77 and 78 of the Finance Act, 1994 was disposed of. The court decided not to uphold the penalty under Section 78 due to a revenue-neutral situation. However, the penalty under Section 77 was maintained for the appellant's failure to disclose transportation value in their returns. Case-Laws Service Tax Fri, 10 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336821