2015 (9) TMI 30

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....ling the present appeal. This Court, vide order dated 2-3-2012, while admitting the appeal, framed the following substantial question of law for consideration :-            "Whether the Hon'ble Tribunal's order setting aside the confiscation and penalty ordered by the Adjudicating Authority is in order in terms of Public Notice No. 152/200....

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....0,000/-. Aggrieved by the said order of the adjudicating authority, the assessee preferred appeal before the Commissioner (Appeals), who, by order dated 13-5-2005 reduced the redemption fine from Rs. 1,25,000/= to Rs. 75,000/= and reduced the penalty from Rs. 1,00,000/- to Rs. 50,000/-. 3. Against the said order, the first respondent/assessee preferred appeal to the Tribunal. The Tribunal, f....

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....als) is well within the limit of Rs. 2 lakhs, the present appeal, filed by the Department, is not maintainable. 5. Heard the learned standing counsel appearing for the appellant/Department and the learned counsel appearing for the first respondent/assessee and perused the materials available on record. 6. Even though these appeals were admitted on the above question of law, referred to....