https://www.taxtmi.com/caselaws?id=294817 The Tribunal modified the penalty imposed on a Private Limited Company for failing to file ER-6 Monthly Returns, reducing it to Rs. 500 per return totaling Rs. 18,000, considering the unintentional nature of the default and absence of revenue loss. The appellant's bonafide belief in an exemption from filing these returns under specific notifications was acknowledged, leading to a significant reduction in the penalty amount from the initial imposition of Rs. 1,80,000. en-us Tue, 04 Jun 2019 00:00:00 +0530 Tue, 04 May 2021 19:43:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294817 The Tribunal modified the penalty imposed on a Private Limited Company for failing to file ER-6 Monthly Returns, reducing it to Rs. 500 per return totaling Rs. 18,000, considering the unintentional nature of the default and absence of revenue loss. The appellant's bonafide belief in an exemption from filing these returns under specific notifications was acknowledged, leading to a significant reduction in the penalty amount from the initial imposition of Rs. 1,80,000. Case-Laws Central Excise Tue, 04 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294817