https://www.taxtmi.com/caselaws?id=78619 The High Court upheld the Tribunal's decision to reduce the penalty to 25% under the proviso to Section 11AC of the Central Excise Act, 1944. The Court found that the penalty reduction was justified as the duty was paid timely, in compliance with statutory provisions. The appeal by the revenue challenging the penalty reduction was dismissed, as the Court determined no substantial legal questions arose from the case. en-us Wed, 11 Aug 2010 00:00:00 +0530 Sat, 05 Feb 2011 10:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78619 The High Court upheld the Tribunal's decision to reduce the penalty to 25% under the proviso to Section 11AC of the Central Excise Act, 1944. The Court found that the penalty reduction was justified as the duty was paid timely, in compliance with statutory provisions. The appeal by the revenue challenging the penalty reduction was dismissed, as the Court determined no substantial legal questions arose from the case. Case-Laws Central Excise Wed, 11 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78619