https://www.taxtmi.com/caselaws?id=350466 The Tribunal ruled in favor of the appellant in a case involving the imposition of Service Tax demand, interest, and penalties under Sections 76, 77, and 78 of the Finance Act, 1994. The appellant, a service provider, had paid the Service Tax and interest before a corrigendum allowing for a reduced penalty under Section 78 was issued. The Tribunal held that the appellant was entitled to the benefit of the reduced penalty as it was deposited in time, and no additional penalty under Section 76 could be imposed due to the amendment in Section 78. Consequently, the penalties under both sections were set aside, and the appeal was allowed. en-us Mon, 20 Feb 2017 00:00:00 +0530 Tue, 07 Nov 2017 06:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=350466 The Tribunal ruled in favor of the appellant in a case involving the imposition of Service Tax demand, interest, and penalties under Sections 76, 77, and 78 of the Finance Act, 1994. The appellant, a service provider, had paid the Service Tax and interest before a corrigendum allowing for a reduced penalty under Section 78 was issued. The Tribunal held that the appellant was entitled to the benefit of the reduced penalty as it was deposited in time, and no additional penalty under Section 76 could be imposed due to the amendment in Section 78. Consequently, the penalties under both sections were set aside, and the appeal was allowed. Case-Laws Service Tax Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=350466