https://www.taxtmi.com/caselaws?id=119917 Where duty demand is confirmed on suppression and invocation of the extended period, penalty under Section 11AC follows as mandatory in law, though the authority may consider the facts only for fixing the quantum. The article also states that abatement under Section 4(4)(d)(ii) is available in determining assessable value where the controlling legal position supports it, and the assessee remains entitled to that relief. The final position recorded is that moderate penalties were imposed under Section 11AC, interest under Section 11AB was maintained, and the abatement benefit in assessable value was sustained. en-us Thu, 27 Jul 2006 00:00:00 +0530 Sat, 14 Jul 2012 11:20:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119917 Where duty demand is confirmed on suppression and invocation of the extended period, penalty under Section 11AC follows as mandatory in law, though the authority may consider the facts only for fixing the quantum. The article also states that abatement under Section 4(4)(d)(ii) is available in determining assessable value where the controlling legal position supports it, and the assessee remains entitled to that relief. The final position recorded is that moderate penalties were imposed under Section 11AC, interest under Section 11AB was maintained, and the abatement benefit in assessable value was sustained. Case-Laws Central Excise Thu, 27 Jul 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119917