TMI Blog2020 (4) TMI 279X X X X Extracts X X X X X X X X Extracts X X X X ..... - - HELD THAT:- The appellant was under the impression that 25% of the penalty works out to ₹ 2,03,952/- and it was paid by them before investigation itself therefore while issuing the show-cause notice, the authorities are required to calculate the actual amount of penalty payable by the appellant towards penalty and if there is any short payment they would have been be asked to pay at that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The appellants are in appeal contesting the penalties imposed on them on the ground that during the course of investigation, the appellants have paid of all the duty along with interest and 25% of the penalty with an impression that 25%of the penalty works out to ₹ 2,03,592/- whereas the actual amount of penalty works out to ₹ 2,53,313/-. The show-cause notice was issued to appropriat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , as they have made short-payment of penalty, therefore, they are required to pay penalty of 100% of the duty demand and Managing Director is also required to be penalised. Against the said order appellants are before us. 2. Heard both the parties and perused the records. 3. On perusal of the records, we find that the appellant was under the impression that 25% of the penalty works out to &# ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
