https://www.taxtmi.com/caselaws?id=153800 Settlement applications could not be entertained once an appeal in the same matter was already pending before the Appellate Tribunal, because the statutory bar operated until a valid admission order was made and exclusive jurisdiction of the Settlement Commission arose only thereafter. The commentary also notes that, where the Central Excise penalty provision is mandatory and does not confer discretion on quantum, the Commissioner (Appeals) cannot reduce the penalty on equitable grounds or by borrowing principles from another statute. In that framework, a belated admission is void and any unsupported reduction of penalty is impermissible. en-us Wed, 27 Jan 2010 00:00:00 +0530 Fri, 23 Jun 2017 09:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153800 Settlement applications could not be entertained once an appeal in the same matter was already pending before the Appellate Tribunal, because the statutory bar operated until a valid admission order was made and exclusive jurisdiction of the Settlement Commission arose only thereafter. The commentary also notes that, where the Central Excise penalty provision is mandatory and does not confer discretion on quantum, the Commissioner (Appeals) cannot reduce the penalty on equitable grounds or by borrowing principles from another statute. In that framework, a belated admission is void and any unsupported reduction of penalty is impermissible. Case-Laws Central Excise Wed, 27 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153800