https://www.taxtmi.com/caselaws?id=126575 Where duty on short-found finished goods was paid in full before issuance of the show cause notice, the proviso to Section 11AC applied and the penalty was confined to 25% of the duty amount. The decision treated prior full payment as bringing the matter within the statutory concession for reduced penalty, and it was consistent with the Delhi HC view relied on by the appellant. The penalty was therefore correctly restricted to 25% of the duty demand. en-us Fri, 16 Jan 2009 00:00:00 +0530 Thu, 22 Nov 2012 12:46:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=126575 Where duty on short-found finished goods was paid in full before issuance of the show cause notice, the proviso to Section 11AC applied and the penalty was confined to 25% of the duty amount. The decision treated prior full payment as bringing the matter within the statutory concession for reduced penalty, and it was consistent with the Delhi HC view relied on by the appellant. The penalty was therefore correctly restricted to 25% of the duty demand. Case-Laws Central Excise Fri, 16 Jan 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=126575