https://www.taxtmi.com/caselaws?id=128045 The Tribunal remanded the case for a fresh decision on the penalty amount, following the Supreme Court's ruling in Union of India v. Dharmendra Textile Processors. The Tribunal increased the penalty to match the duties owed, citing Provisos to Section 11AC that allow for a reduced penalty if dues are paid promptly. The appellate authority's failure to offer this option to the assessee was deemed a fault, giving the assessee the opportunity to limit the penalty to 25% of the duty amount by paying the entire dues along with 25% of the penalty within thirty days. en-us Tue, 14 Jul 2009 00:00:00 +0530 Tue, 26 Mar 2013 12:10:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=128045 The Tribunal remanded the case for a fresh decision on the penalty amount, following the Supreme Court's ruling in Union of India v. Dharmendra Textile Processors. The Tribunal increased the penalty to match the duties owed, citing Provisos to Section 11AC that allow for a reduced penalty if dues are paid promptly. The appellate authority's failure to offer this option to the assessee was deemed a fault, giving the assessee the opportunity to limit the penalty to 25% of the duty amount by paying the entire dues along with 25% of the penalty within thirty days. Case-Laws Central Excise Tue, 14 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=128045