https://www.taxtmi.com/caselaws?id=373455 The Tribunal allowed the appeal by remanding the case to the original authority for quantification of interest, as the appellant filed the appeal within a condonable period. It was determined that the responsibility to quantify interest lay with the adjudicating authority, not the assessee. The demand for 100% penalty under Section 78 of the Finance Act, 1994, was set aside, and the appellant agreed to pay the quantified interest. The Tribunal ruled in favor of the appellant on issues of limitation, interest quantification, and excessive penalty demand. en-us Fri, 11 Jan 2019 00:00:00 +0530 Mon, 14 Jan 2019 07:32:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373455 The Tribunal allowed the appeal by remanding the case to the original authority for quantification of interest, as the appellant filed the appeal within a condonable period. It was determined that the responsibility to quantify interest lay with the adjudicating authority, not the assessee. The demand for 100% penalty under Section 78 of the Finance Act, 1994, was set aside, and the appellant agreed to pay the quantified interest. The Tribunal ruled in favor of the appellant on issues of limitation, interest quantification, and excessive penalty demand. Case-Laws Service Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373455