https://www.taxtmi.com/caselaws?id=341834 The Tribunal held that penalties under both Section 76 and 78 of the Finance Act, 1994 were sustainable until 10.05.2008, but after that date, penalties under Section 76 were not sustainable. The appellant's appeal was disposed of accordingly, with 75% of the penalty under Section 78 being waived, as 25% had already been deposited by the appellant. The decision was in line with the judgment of Hon'ble Delhi High Court in Bajaj Travels Ltd. en-us Fri, 06 Jan 2017 00:00:00 +0530 Tue, 18 Apr 2017 10:11:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341834 The Tribunal held that penalties under both Section 76 and 78 of the Finance Act, 1994 were sustainable until 10.05.2008, but after that date, penalties under Section 76 were not sustainable. The appellant's appeal was disposed of accordingly, with 75% of the penalty under Section 78 being waived, as 25% had already been deposited by the appellant. The decision was in line with the judgment of Hon'ble Delhi High Court in Bajaj Travels Ltd. Case-Laws Service Tax Fri, 06 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341834