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of <h1>Delhi High Court: Authorities Must Clearly State 25% Reduced Penalty Option u/s 11AC of Central Excise Act.</h1> The Delhi High Court highlighted the need for adjudicating authorities to explicitly state the option available to assessees under section 11AC of the Central Excise Act in their orders. The first proviso allows for a reduced penalty of 25% if the duty and interest are paid within 30 days of the order. This incentivizes quick payment and benefits both the Department and the assessee. Consequently, the Central Board of Excise & Customs mandates that these provisions be clearly mentioned in adjudication orders to ensure assessees are informed of their options. Field formations are instructed accordingly.
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