https://www.taxtmi.com/caselaws?id=116409 The penalty imposed on the appellants for paying duty from the wrong account was deemed unjustified by the Tribunal. As the duty was paid from the correct account with interest before receiving the show cause notice, the error was rectified and revenue was compensated. The penalty was reduced to Rs. 50,000, and the pre-deposit amount was adjusted against it. The appeal was disposed of with the modification of the impugned order. en-us Wed, 20 Jul 2005 00:00:00 +0530 Tue, 12 Jun 2012 12:41:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116409 The penalty imposed on the appellants for paying duty from the wrong account was deemed unjustified by the Tribunal. As the duty was paid from the correct account with interest before receiving the show cause notice, the error was rectified and revenue was compensated. The penalty was reduced to Rs. 50,000, and the pre-deposit amount was adjusted against it. The appeal was disposed of with the modification of the impugned order. Case-Laws Central Excise Wed, 20 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116409