https://www.taxtmi.com/caselaws?id=289602 The Tribunal dismissed the Revenue's appeal seeking the imposition of a penalty under Section 76 of the Finance Act, 1994, in addition to penalties under Sections 77 and 78. The Tribunal upheld the penalties imposed by the Adjudicating Authority under Sections 77 and 78, emphasizing that as the demand was based on alleged suppression of facts, the penalty under Section 78 was justified, and there was no need for an additional penalty under Section 76. The appeal was dismissed, and the judgment was pronounced in open court. en-us Tue, 05 Mar 2019 00:00:00 +0530 Sat, 08 Aug 2020 09:57:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289602 The Tribunal dismissed the Revenue's appeal seeking the imposition of a penalty under Section 76 of the Finance Act, 1994, in addition to penalties under Sections 77 and 78. The Tribunal upheld the penalties imposed by the Adjudicating Authority under Sections 77 and 78, emphasizing that as the demand was based on alleged suppression of facts, the penalty under Section 78 was justified, and there was no need for an additional penalty under Section 76. The appeal was dismissed, and the judgment was pronounced in open court. Case-Laws Service Tax Tue, 05 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289602