2008 (1) TMI 185

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Heard both sides and perused the records. 3. The Commissioner (Appeals) after hearing the case has passed the following order - "I have perused the case records. The only issue to be decided in the present appeal is whether imposition of penalty of Rs. 69,990/- was justifiable. The appellants have pleaded ignorance of requisite provisions of law. However, the ignorance could not have continued f .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ld come to only Rs.15,900/-. The imposition of minimum penalty under Section 76 is upheld. The imposition of penalty, which is to be discharged by the appellant is worked out to Rs. 15,900/-. Hence, the penalty is fixed at Rs. 15,900/- instead of Rs. 69,900/- as imposed by the lower authorities. Subject to the above modification, the impugned order is upheld and the appeal is disposed off accordin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X