https://www.taxtmi.com/caselaws?id=108338 The court found that the penalty imposed under Section 11AC of the Central Excise Act on the appellant for not debiting duty on 242 bags of cotton yarn was unjustified. The judge reduced the penalty to Rs. 5,000 from Rs. 2,22,745, considering the duty liability on the 8 seized bags to be Rs. 7,982. The judge emphasized that the penalty should have been imposed for procedural lapses under Rule 226 instead. The appeal was disposed of with the modified penalty amount. en-us Fri, 15 Nov 2002 00:00:00 +0530 Sat, 31 Mar 2012 11:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=108338 The court found that the penalty imposed under Section 11AC of the Central Excise Act on the appellant for not debiting duty on 242 bags of cotton yarn was unjustified. The judge reduced the penalty to Rs. 5,000 from Rs. 2,22,745, considering the duty liability on the 8 seized bags to be Rs. 7,982. The judge emphasized that the penalty should have been imposed for procedural lapses under Rule 226 instead. The appeal was disposed of with the modified penalty amount. Case-Laws Central Excise Fri, 15 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=108338