https://www.taxtmi.com/caselaws?id=124505 The Appellate Tribunal overturned the Commissioner (Appeals) decision to reduce the penalty below 25% of the duty amount paid by the respondents, emphasizing adherence to statutory provisions. The Tribunal held that the penalty reduction was incorrect, reinstated the original penalty amount, and ruled in favor of the Revenue. This case underscores the importance of complying with legal requirements and prescribed penalty amounts under Section 11AC in excise-related matters. en-us Wed, 26 Nov 2008 00:00:00 +0530 Mon, 01 Oct 2012 12:09:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=124505 The Appellate Tribunal overturned the Commissioner (Appeals) decision to reduce the penalty below 25% of the duty amount paid by the respondents, emphasizing adherence to statutory provisions. The Tribunal held that the penalty reduction was incorrect, reinstated the original penalty amount, and ruled in favor of the Revenue. This case underscores the importance of complying with legal requirements and prescribed penalty amounts under Section 11AC in excise-related matters. Case-Laws Central Excise Wed, 26 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=124505