2004 (6) TMI 349

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..... appeal, the Revenue has questioned the correctness of the impugned order-in-appeal vide which the Commissioner (Appeals) has set aside the penalty of Rs. 50,000/- as imposed on the respondents by the adjudicating authority for having taken excess credit wrongly on the basis of the invoices issued by the Indian Oil Corporation Ltd. The learned JDR has stated that the imposition of penalty was manda .....

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