2010 (7) TMI 93 - AT - Service Tax

Penalty- The assessees are manpower recruitment supply. Held that- set aside the penalty in the light of the provisions of section 80 but uphold the penalty under section 77 of the Act.

Summary

The Appellate Tribunal CESTAT, Mumbai ruled in favor of the assessees in a case involving penal action under Sections 77 and 78 of the Finance Act, 1994. The penalty under Section 78 was set aside, but the penalty under Section 77 was upheld. The appeals were partly allowed.