https://www.taxtmi.com/caselaws?id=112382 The Appellate Tribunal CESTAT, New Delhi dismissed the Revenue's appeal for an increase in the penalty amount and partly accepted the cross-objections filed by the respondents. The Tribunal held that since the duty was paid before the show cause notice was issued, the penalty could not be upheld, referencing the case law precedent. As a result, the imposition of penalty against the respondents was set aside, and the reduced penalty amount of Rs. 2,000 was upheld. en-us Wed, 28 Jul 2004 00:00:00 +0530 Fri, 27 Apr 2012 18:44:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112382 The Appellate Tribunal CESTAT, New Delhi dismissed the Revenue's appeal for an increase in the penalty amount and partly accepted the cross-objections filed by the respondents. The Tribunal held that since the duty was paid before the show cause notice was issued, the penalty could not be upheld, referencing the case law precedent. As a result, the imposition of penalty against the respondents was set aside, and the reduced penalty amount of Rs. 2,000 was upheld. Case-Laws Central Excise Wed, 28 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112382