2018 (5) TMI 1207

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..... oes not survive as the same stands deposited much prior to the issuance of the show cause notice? Held that: - The reduction of penalty even to rupees one lac is not justified as it is a matter of record that the excise duties have been paid along with interest even before issuance of show-cause notice for the penalty. Even the bare minimum penalty was not justified - decided in favor of assessee. .....

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..... tral Excise Appeal No.482 of 2007 in favour of the assessee. The reduction of penalty even to rupees one lac is not justified as it is a matter of record that the excise duties have been paid along with interest even before issuance of show-cause notice for the penalty. Even the bare minimum penalty was not justified. The question of law is, therefore, answered in favour of the assessee and again .....

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