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    <title>2003 (12) TMI 125 - CESTAT, NEW DELHI</title>
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    <description>The respondents were not held liable for penal action concerning an additional amount received as they had disclosed it in the relevant return. However, a penalty of Rs. 25,000 was imposed for the shortage of finished products, despite duty payment before the show cause notice issuance, as the shortage was unexplained and admitted by the respondents. The Tribunal found the penalty justified based on the circumstances and disposed of the appeal accordingly.</description>
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    <pubDate>Fri, 05 Dec 2003 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=52410</link>
      <description>The respondents were not held liable for penal action concerning an additional amount received as they had disclosed it in the relevant return. However, a penalty of Rs. 25,000 was imposed for the shortage of finished products, despite duty payment before the show cause notice issuance, as the shortage was unexplained and admitted by the respondents. The Tribunal found the penalty justified based on the circumstances and disposed of the appeal accordingly.</description>
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