https://www.taxtmi.com/caselaws?id=109556 Where wrong availment of credit is detected and the duty is paid before the show cause notice is issued, a lenient view on penalty may be justified. The material consideration was that the duty demand had already been discharged on being pointed out by the Revenue, so the penalty was found liable to be moderated to meet the ends of justice. The penalty was accordingly reduced to Rs. 50,000, while the appeal was otherwise dismissed. en-us Thu, 26 Jun 2003 00:00:00 +0530 Tue, 10 Apr 2012 17:39:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=109556 Where wrong availment of credit is detected and the duty is paid before the show cause notice is issued, a lenient view on penalty may be justified. The material consideration was that the duty demand had already been discharged on being pointed out by the Revenue, so the penalty was found liable to be moderated to meet the ends of justice. The penalty was accordingly reduced to Rs. 50,000, while the appeal was otherwise dismissed. Case-Laws Central Excise Thu, 26 Jun 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=109556