2018 (9) TMI 1376

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....AR, MEMBER(TECHNICAL) Shri Vivek Gupta (C.A.) for the Appellant (s) Shri Pawan Kumar Singh (Supdt.) (A.R.) for the Revenue ORDER Per Mrs. Archana Wadhwa : The appellant is a society promoted jointly by four different Banks like Oriental Bank of Commerce, Punjab & Sind Bank, The Jammu & Kashmir Bank Ltd. And The National Bank Ltd., with the purpose of providing training to the employees of ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....er by the Commissioner confirming the demand of duty of Rs. 35,38,507/- along with confirmation of interest and imposition of penalty of identicla amount under Section 78 of Finance Act, 1994. In addition penalty of Rs. 10,000/- was also imposed under Section 77 of the Finance Act, 1994. Further, there was imposition of penlaty under Section 76 of the Act. 3. The order passed by the original adju....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ordingly by relying upon the larger Bench decision of the Tribunal, the demand falling within the limitation period in the earlier case stands confirmed. However, the Tribunal has extended the benefit of limitation in the earlier case and has remanded the matter for re-calculation of duty falling within the limitation period. 6. Ld.Advocate fairly agrees that the demand in the present case is wit....