2010 (4) TMI 544

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..... tax prior to the issue of show-cause notice and subsequently they have also paid interest. The issue in dispute in the appeal is as to whether they are liable to penalty. Held that- in the light of th .....

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..... whether they are liable to penalty. 2. I have heard both sides. I agree with the assessees that penalty cannot be sustained in the light of the Tribunal's orders in Santhi Casting Works v. CCE [200 .....

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