https://www.taxtmi.com/caselaws?id=112080 The Appellate Tribunal upheld the penalty imposition on the appellants for breaching the Central Excise Act/Rules by not disclosing branding issues when seeking exemption benefits. Despite the pre-deposit of duty, the Tribunal reduced the penalty to Rs. 70,000 from the initial Rs. 1,50,000 imposed by the Adjudicating authority, citing precedents and emphasizing the mandatory nature of penalties for violations. The appeal was disposed of with the modified penalty amount. en-us Mon, 29 Mar 2004 00:00:00 +0530 Thu, 26 Apr 2012 15:20:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112080 The Appellate Tribunal upheld the penalty imposition on the appellants for breaching the Central Excise Act/Rules by not disclosing branding issues when seeking exemption benefits. Despite the pre-deposit of duty, the Tribunal reduced the penalty to Rs. 70,000 from the initial Rs. 1,50,000 imposed by the Adjudicating authority, citing precedents and emphasizing the mandatory nature of penalties for violations. The appeal was disposed of with the modified penalty amount. Case-Laws Central Excise Mon, 29 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112080