https://www.taxtmi.com/caselaws?id=114620 A penalty was held unwarranted where an erroneous debit in the statutory register was a bona fide mistake corrected before the show-cause notice was issued. With no debit balance remaining and no indication of revenue prejudice, the lapse was treated as inadvertent rather than contumacious, and the foundation for penal action was absent. Consequential relief was granted to the assessee. en-us Fri, 24 Sep 2004 00:00:00 +0530 Fri, 18 May 2012 14:46:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=114620 A penalty was held unwarranted where an erroneous debit in the statutory register was a bona fide mistake corrected before the show-cause notice was issued. With no debit balance remaining and no indication of revenue prejudice, the lapse was treated as inadvertent rather than contumacious, and the foundation for penal action was absent. Consequential relief was granted to the assessee. Case-Laws Central Excise Fri, 24 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=114620