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of <h1>Appellant entitled to reduced penalty under Central Excise Act</h1> <h3>Corob India P Ltd Versus C.C.E. & S.T. -Daman</h3> Corob India P Ltd Versus C.C.E. & S.T. -Daman - TMI Issues:1. Entitlement to reduced penalty of 25% under Section 11AC (1) (e) of Central Excise Act, 1944.Analysis:The case involved a dispute regarding the entitlement to a reduced penalty of 25% under Section 11AC (1) (e) of the Central Excise Act, 1944. The appellant had paid an amount during investigation, and subsequently, a refund claim was filed. The Revenue contested the refund claim based on the imposition of a penalty in the original order. The appellant argued that they had already deposited an amount that covered the confirmed demand, interest, and 25% penalty. The Revenue contended that since the appellant did not opt for the reduced penalty in writing, the full penalty was payable. The Adjudicating authority had sanctioned the refund after deducting the confirmed duty, interest, and 25% penalty. The appellant's request to deduct 100% penalty was not accepted, indicating that the department had retained the necessary amount. The Adjudicating authority's decision to grant the refund after reducing the penalty from the total deposit was deemed correct and legal.In conclusion, the Tribunal found that the appellant was entitled to the reduced penalty of 25% as the amount deposited during investigation covered the confirmed demand, interest, and 25% penalty. The impugned order was set aside, and the appeal was allowed with consequential relief.
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