https://www.taxtmi.com/caselaws?id=123735 The ROM application filed by Revenue challenging the reduction of penalty based on non-payment of interest and penalty within 30 days of the order was allowed. The presiding judge emphasized that the appellant firm did not qualify for the penalty reduction as the interest and penalty were not paid within the stipulated 30-day period. Consequently, the penalty imposed on the firm under Section 11AC was sustained due to non-payment of interest and penalty within the specified timeframe, overturning the earlier decision on penalty reduction. en-us Tue, 22 Jul 2008 00:00:00 +0530 Wed, 19 Sep 2012 17:48:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123735 The ROM application filed by Revenue challenging the reduction of penalty based on non-payment of interest and penalty within 30 days of the order was allowed. The presiding judge emphasized that the appellant firm did not qualify for the penalty reduction as the interest and penalty were not paid within the stipulated 30-day period. Consequently, the penalty imposed on the firm under Section 11AC was sustained due to non-payment of interest and penalty within the specified timeframe, overturning the earlier decision on penalty reduction. Case-Laws Central Excise Tue, 22 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123735