https://www.taxtmi.com/caselaws?id=587 The Tribunal reduced the penalty imposed on the respondents for non-accounting of goods in the RG I Register due to a technical lapse, acknowledging no deliberate evasion. The penalty was reduced from Rs. 44,495 to Rs. 10,000, while the redemption fine of Rs. 75,000 was upheld. The Tribunal found no reason to alter the redemption fine and disposed of the Revenue's appeal accordingly, also resolving a Cross Objection filed by another party in line with the main judgment. en-us Fri, 10 Mar 2006 00:00:00 +0530 Sun, 13 Apr 2008 16:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=587 The Tribunal reduced the penalty imposed on the respondents for non-accounting of goods in the RG I Register due to a technical lapse, acknowledging no deliberate evasion. The penalty was reduced from Rs. 44,495 to Rs. 10,000, while the redemption fine of Rs. 75,000 was upheld. The Tribunal found no reason to alter the redemption fine and disposed of the Revenue's appeal accordingly, also resolving a Cross Objection filed by another party in line with the main judgment. Case-Laws Central Excise Fri, 10 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=587