Penalty under Section 11AC not required to match duty imposed. Appeal dismissed.

The Appellate Tribunal CEGAT, New Delhi ruled that penalty under Section 11AC of the Central Excise Act does not need to be equal to the duty imposed on the assessee. The appeal filed by the Revenue in the case of Escorts JCB Ltd. v. Commissioner of C. Ex., New Delhi was dismissed.

---

---

The Appellate Tribunal CEGAT, New Delhi ruled that penalty under Section 11AC of the Central Excise Act does not need to be equal to the duty imposed on the assessee. The Tribunal's decision in Escorts JCB Ltd. v. Commissioner of C. Ex., New Delhi supports this view. The appeal filed by the Revenue was dismissed.

---