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    <description>The Rectification of Mistake application was dismissed by the Tribunal as the appellant&#039;s payment of Rs. 12,18,423 towards the penalty of Rs. 34,55,247 was made after the revenue initiated actions and reminders, precluding any benefit. The timing of payments in penalty matters and the sequence of events were deemed crucial in determining liability. The decision was rendered on 17/08/2017, emphasizing the significance of payment timing in penalty considerations.</description>
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