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    <title>2008 (9) TMI 76 - CESTAT, CHENNAI</title>
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    <description>The appeal was allowed, and the penalty imposed under Section 78 of the Finance Act, 1994 was vacated. The Tribunal waived the penalties against the appellants based on their ignorance of legal provisions and the reasonable cause shown, in line with Section 80 of the Finance Act, 1994. The impugned order was set aside, leading to the dismissal of the Revenue&#039;s appeal.</description>
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      <title>2008 (9) TMI 76 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=31766</link>
      <description>The appeal was allowed, and the penalty imposed under Section 78 of the Finance Act, 1994 was vacated. The Tribunal waived the penalties against the appellants based on their ignorance of legal provisions and the reasonable cause shown, in line with Section 80 of the Finance Act, 1994. The impugned order was set aside, leading to the dismissal of the Revenue&#039;s appeal.</description>
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