https://www.taxtmi.com/caselaws?id=30467 The Appellate Tribunal CESTAT, Chennai vacated the penalty under Section 76 of the Finance Act, 1994 but sustained the penalty under Section 77 for delayed filing of returns by an appellant registered as a "Mandap Keeper." The appellant's argument citing a previous decision was deemed applicable only to one penalty, not both. The Tribunal emphasized the significance of meeting statutory obligations promptly and clarified the conditions for imposing or waiving penalties under different sections of the Finance Act, 1994. en-us Fri, 04 Jul 2008 00:00:00 +0530 Sat, 11 Oct 2008 19:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30467 The Appellate Tribunal CESTAT, Chennai vacated the penalty under Section 76 of the Finance Act, 1994 but sustained the penalty under Section 77 for delayed filing of returns by an appellant registered as a "Mandap Keeper." The appellant's argument citing a previous decision was deemed applicable only to one penalty, not both. The Tribunal emphasized the significance of meeting statutory obligations promptly and clarified the conditions for imposing or waiving penalties under different sections of the Finance Act, 1994. Case-Laws Service Tax Fri, 04 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30467