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2018 (2) TMI 901 - AT - Central ExciseClandestine removal - benefit of reduced penalty - Held that: - admittedly the appellant deposited the interest within a period of 30 days along with deposit of penalty of 25%, within the said period, in terms of the Tribunal’s order - Deposit under a wrong head also goes to the Revenue only and as such it cannot be concluded that the appellant had not deposited the said interest. The penalty was directed to be reduced to 25% - appellant would be entitled to the refund of pre-deposit of ₹ 4 lakhs made by them in terms of the said order of the Tribunal - appeal allowed.
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