2010 (1) TMI 1076

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....nt. ORDER In this case, penalty of Rs. 7,50,000/- was imposed upon the assessees herein by the adjudicating authority on the ground of delay in payment of first instalment of duty under the compounded levy scheme -- the last date for payment of the first instalment was 15-3-2000 while the instalment was paid only on 30-3-2000 resulting in delay of 15 days. The Commissioner (Appeals) set aside th....