2014 (2) TMI 1008

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...., for the Respondent. ORDER Revenue is in appeal against waiver of penalty by ld. Commissioner (Appeals). The reason for waiver was due to error of interpretation of exemption Notification No. 15/2002, dated 1-3-2002. Revenue supports adjudication on the ground that 16% duty was payable by the assessee. But the assessee paid duty at the rate of 12% making short payment intentionally. 2. Ld....