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2017 (9) TMI 503 - HC - Central ExcisePenalty u/r 25 of CER, 2002 - default of payment u/r 8(3A) of CER, 2002 - Held that: - Rule 25 prescribes confiscation of goods upon breach of the conditions set out therein and penalty not exceeding the duties on excisable goods in respect of which such contravention is deducted or ₹ 5000/- whichever is greater - In the present case, the Tribunal emphasized on the facts that soon upon being informed about the breach, the assessee had paid the entire duty with interest - penalty set aside - appeal dismissed - decided against Revenue.
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