https://www.taxtmi.com/caselaws?id=118092 The Appellate Tribunal CESTAT, KOLKATA, ordered a refund of duty paid twice by the appellants from the RG-23A Part-II Account as they had already paid from the P.L.A. The penalty amount was reduced to Rs.10,000.00 due to the appellants rectifying the error promptly and paying with interest, negating any financial benefit gained. The Tribunal recognized the mistake made by the appellants, emphasizing the need for timely rectification and exercising discretion in adjusting penalties based on the case's circumstances. en-us Mon, 05 Jun 2006 00:00:00 +0530 Thu, 28 Jun 2012 14:37:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118092 The Appellate Tribunal CESTAT, KOLKATA, ordered a refund of duty paid twice by the appellants from the RG-23A Part-II Account as they had already paid from the P.L.A. The penalty amount was reduced to Rs.10,000.00 due to the appellants rectifying the error promptly and paying with interest, negating any financial benefit gained. The Tribunal recognized the mistake made by the appellants, emphasizing the need for timely rectification and exercising discretion in adjusting penalties based on the case's circumstances. Case-Laws Central Excise Mon, 05 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118092