2011 (7) TMI 610

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....i R. Satish Kumar, Advocate Per Ashok Jindal: Revenue is in appeal against the impugned order for dropping the penalties under Section 78 of the Finance Act.1994. The learned DR submitted that as the respondent has already admitted their service tax liability of Rs. 1,75,80,272/-, therefore, the penalty under Section 78 of the Finance Act, 1994 is imposable on the respondent. To support his con....