https://www.taxtmi.com/caselaws?id=114561 Penalty enhancement under Rule 96ZP(3) was found unjustified where the duty short-paid under Section 3A had already been discharged with interest. The record showed that the assessee had made good the differential duty, the original authority had already considered that compliance while imposing a penalty of Rs. 25,000/-, and the appellate enhancement to a penalty equal to the duty amount was made without recorded reasons. As the default was not deliberate and was linked to financial hardship, and the delayed payment had been compensated by interest, the penalty was reduced to Rs. 50,000/-. en-us Wed, 20 Oct 2004 00:00:00 +0530 Wed, 16 May 2012 16:55:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114561 Penalty enhancement under Rule 96ZP(3) was found unjustified where the duty short-paid under Section 3A had already been discharged with interest. The record showed that the assessee had made good the differential duty, the original authority had already considered that compliance while imposing a penalty of Rs. 25,000/-, and the appellate enhancement to a penalty equal to the duty amount was made without recorded reasons. As the default was not deliberate and was linked to financial hardship, and the delayed payment had been compensated by interest, the penalty was reduced to Rs. 50,000/-. Case-Laws Central Excise Wed, 20 Oct 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114561