Tax Penalty Reduced: Appellants Granted Relief with Adjusted Payments and Partial Refund Under CGST and WBGST Rules

The SC corrected a previous order by reducing the penalty from 200% to Rs.50,000 for CGST and WBGST. The appellants can adjust the already paid amount against the new penalty, with the remaining amount to be refunded within three weeks. The revised order is part of the original 16th June, 2023 order.

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Issues Involved:
The judgment deals with an inadvertent error in a previous order regarding the payment of penalty by the appellants.

Details of the Judgment:
1. The learned advocate for the appellants pointed out that an error occurred in the previous order regarding the mention of a bank guarantee, which was not furnished but instead, the appellants paid a penalty amount of Rs.4,95,945/-.

2. Consequently, paragraph 8 of the previous order dated 16th June, 2023, is to be substituted with a new paragraph specifying that the appeal and writ petition are allowed, setting aside the penalty imposed by the authorities. The appellants are directed to pay a penalty of Rs.50,000/-, inclusive of both CGST and WBGST, instead of the initially imposed 200% penalty. The appellants can adjust Rs.50,000/- from the amount already paid, and the remaining penalty amount shall be refunded to them within three weeks from the date of receipt of the order.

3. It is clarified that this new order forms a part of the original order dated 16th June, 2023.

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