https://www.taxtmi.com/caselaws?id=82497 The Tribunal allowed the appeal, concluding that the appellants' request to adjust debits and credits was valid. The Assistant Collector's refusal to permit the adjustment was reversed, with the matter remanded for re-examination. If the adjustment was made as requested, there would be no duty recovery. The penalty imposed was also set aside due to the appellants' good faith actions and absence of revenue loss. en-us Mon, 11 Jan 1993 00:00:00 +0530 Tue, 05 Jul 2011 15:11:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=82497 The Tribunal allowed the appeal, concluding that the appellants' request to adjust debits and credits was valid. The Assistant Collector's refusal to permit the adjustment was reversed, with the matter remanded for re-examination. If the adjustment was made as requested, there would be no duty recovery. The penalty imposed was also set aside due to the appellants' good faith actions and absence of revenue loss. Case-Laws Central Excise Mon, 11 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=82497