https://www.taxtmi.com/caselaws?id=194807 The Appellate Tribunal CESTAT Kolkata modified the penalties imposed under Section 78 and Section 77 of the Finance Act, 1994. The penalty under Section 78 was waived due to the respondent's voluntary payment of tax before the Show Cause Notice, as there was no evidence of fraudulent intent. However, the penalty under Section 77 for not making the application to the Superintendent was upheld. The appeal was partly allowed, and the cross objection was disposed of accordingly, clarifying the decision on the penalties imposed and waived. en-us Wed, 07 Dec 2016 00:00:00 +0530 Thu, 28 Sep 2017 09:17:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194807 The Appellate Tribunal CESTAT Kolkata modified the penalties imposed under Section 78 and Section 77 of the Finance Act, 1994. The penalty under Section 78 was waived due to the respondent's voluntary payment of tax before the Show Cause Notice, as there was no evidence of fraudulent intent. However, the penalty under Section 77 for not making the application to the Superintendent was upheld. The appeal was partly allowed, and the cross objection was disposed of accordingly, clarifying the decision on the penalties imposed and waived. Case-Laws Service Tax Wed, 07 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194807