https://www.taxtmi.com/caselaws?id=76500 The Court upheld the Miscellaneous Order denying the benefit of reduced penalty under Section 11AC of the Excise Act, emphasizing the distinction between settlement and adjudication under Chapter V of the Act. It ruled that the Settlement Commission's powers to grant immunity from penalty do not extend to providing reduced penalties as in cases of adjudication by a Central Excise Officer. The petition challenging the order was dismissed, with costs not awarded, affirming the Settlement Commission's decision as per the Excise Act provisions. en-us Fri, 29 Jan 2010 00:00:00 +0530 Tue, 29 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76500 The Court upheld the Miscellaneous Order denying the benefit of reduced penalty under Section 11AC of the Excise Act, emphasizing the distinction between settlement and adjudication under Chapter V of the Act. It ruled that the Settlement Commission's powers to grant immunity from penalty do not extend to providing reduced penalties as in cases of adjudication by a Central Excise Officer. The petition challenging the order was dismissed, with costs not awarded, affirming the Settlement Commission's decision as per the Excise Act provisions. Case-Laws Central Excise Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76500