https://www.taxtmi.com/caselaws?id=344706 The Tribunal allowed the appeal, setting aside the penalties imposed under Sections 77 and 78 of the Finance Act, 1994. It ruled that the penalties were incorrectly imposed as Section 77 did not cover contraventions without specific penalty provisions until 09.05.2008. Since the penalty under Section 76 had been paid, the imposition of penalty under Section 78 was also ruled out. The appellant's appeal was successful, and the penalties were revoked, emphasizing the necessity of correctly applying penalty provisions in tax cases. en-us Fri, 12 May 2017 00:00:00 +0530 Sat, 24 Jun 2017 08:08:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344706 The Tribunal allowed the appeal, setting aside the penalties imposed under Sections 77 and 78 of the Finance Act, 1994. It ruled that the penalties were incorrectly imposed as Section 77 did not cover contraventions without specific penalty provisions until 09.05.2008. Since the penalty under Section 76 had been paid, the imposition of penalty under Section 78 was also ruled out. The appellant's appeal was successful, and the penalties were revoked, emphasizing the necessity of correctly applying penalty provisions in tax cases. Case-Laws Service Tax Fri, 12 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344706