https://www.taxtmi.com/caselaws?id=341964 The court allowed the appellant to settle the penalty amount in three monthly installments of Rs. 25,000 each, with the first installment due by a specified date. The Revenue agreed to consider the penalty satisfied if paid as proposed. The appeals were disposed of based on the appellant's undertaking to pay the remaining Rs. 75,000 in installments. The judgment allowed the Revenue to seek reopening of the matter if the payment schedule was breached. No costs were imposed, and connected petitions were closed. en-us Tue, 28 Mar 2017 00:00:00 +0530 Fri, 21 Apr 2017 07:24:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341964 The court allowed the appellant to settle the penalty amount in three monthly installments of Rs. 25,000 each, with the first installment due by a specified date. The Revenue agreed to consider the penalty satisfied if paid as proposed. The appeals were disposed of based on the appellant's undertaking to pay the remaining Rs. 75,000 in installments. The judgment allowed the Revenue to seek reopening of the matter if the payment schedule was breached. No costs were imposed, and connected petitions were closed. Case-Laws Customs Tue, 28 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341964