https://www.taxtmi.com/caselaws?id=76674 Section 11AC penalty requires the adjudication order to clearly communicate the statutory option of reduced penalty on payment of duty and interest within the prescribed period; if that option is not expressly conveyed, the matter must be reconsidered with that safeguard applied. Interest liability must also be examined under the version of Section 11AB applicable to the relevant period, not an amended provision applied retrospectively. The determinations on both penalty and interest were set aside for fresh consideration under the correct statutory framework. en-us Wed, 18 Nov 2009 00:00:00 +0530 Wed, 22 Jun 2016 10:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76674 Section 11AC penalty requires the adjudication order to clearly communicate the statutory option of reduced penalty on payment of duty and interest within the prescribed period; if that option is not expressly conveyed, the matter must be reconsidered with that safeguard applied. Interest liability must also be examined under the version of Section 11AB applicable to the relevant period, not an amended provision applied retrospectively. The determinations on both penalty and interest were set aside for fresh consideration under the correct statutory framework. Case-Laws Central Excise Wed, 18 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76674