https://www.taxtmi.com/caselaws?id=209743 The Appellate Tribunal upheld the decision of the Commissioner (Appeals) to reduce the penalty from Rs.20,000 to Rs.5,000 for the respondents based on their bonafide belief as a small scale unit in filing quarterly ER-3 returns instead of monthly ER-I returns. The Tribunal found the penalty imposition for failure to file monthly returns despite timely quarterly filings to be a technical lapse, agreeing with the lenient view taken by the Commissioner. As the penalty amount was below Rs.50,000, the Revenue's appeal against the decision was rejected. en-us Mon, 31 Oct 2011 00:00:00 +0530 Fri, 13 Jan 2012 16:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209743 The Appellate Tribunal upheld the decision of the Commissioner (Appeals) to reduce the penalty from Rs.20,000 to Rs.5,000 for the respondents based on their bonafide belief as a small scale unit in filing quarterly ER-3 returns instead of monthly ER-I returns. The Tribunal found the penalty imposition for failure to file monthly returns despite timely quarterly filings to be a technical lapse, agreeing with the lenient view taken by the Commissioner. As the penalty amount was below Rs.50,000, the Revenue's appeal against the decision was rejected. Case-Laws Central Excise Mon, 31 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209743