https://www.taxtmi.com/caselaws?id=367329 The Appellate Tribunal CESTAT Mumbai ruled in favor of the appellants in a case concerning penalties under Section 78A of the Finance Act, 1994. The tribunal held that as Section 78A was not part of the statute during the disputed period (2008-2012) and was added later in 2013, penalties could not be retroactively imposed on employees for offenses committed by the company. By referencing a prior case, the tribunal emphasized the importance of legal clarity and consistency in penalty imposition, ultimately setting aside the penalties imposed on the appellants. en-us Wed, 20 Jun 2018 00:00:00 +0530 Wed, 19 Sep 2018 07:48:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367329 The Appellate Tribunal CESTAT Mumbai ruled in favor of the appellants in a case concerning penalties under Section 78A of the Finance Act, 1994. The tribunal held that as Section 78A was not part of the statute during the disputed period (2008-2012) and was added later in 2013, penalties could not be retroactively imposed on employees for offenses committed by the company. By referencing a prior case, the tribunal emphasized the importance of legal clarity and consistency in penalty imposition, ultimately setting aside the penalties imposed on the appellants. Case-Laws Service Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367329