https://www.taxtmi.com/caselaws?id=373876 The Tribunal partly allowed the appeals, confirming the duty demanded and penalty imposed under Section 76 of the Finance Act, 1994. However, it set aside the penalty under Section 78, emphasizing the absence of proposed penalties in subsequent notices and the Department's awareness of the appellants' practices. The decision was based on the appellants' financial difficulties causing delays, lack of fraud, suppression, or collusion, and legal precedents supporting their arguments. en-us Fri, 18 Jan 2019 00:00:00 +0530 Tue, 22 Jan 2019 08:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373876 The Tribunal partly allowed the appeals, confirming the duty demanded and penalty imposed under Section 76 of the Finance Act, 1994. However, it set aside the penalty under Section 78, emphasizing the absence of proposed penalties in subsequent notices and the Department's awareness of the appellants' practices. The decision was based on the appellants' financial difficulties causing delays, lack of fraud, suppression, or collusion, and legal precedents supporting their arguments. Case-Laws Service Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373876