https://www.taxtmi.com/caselaws?id=202358 Where duty and interest were paid before issue of the show cause notice, the proviso to Section 11AC was held to permit reduced penalty at 25% within the prescribed time. The penalty under Section 11AC remained otherwise sustainable because the clearance of goods on incorrect PLA entries still attracted penal liability, although the facts did not amount to clandestine removal in the strict sense. The legal effect was that the assessee received only limited relief on penalty quantification, while the underlying penalty liability was maintained. en-us Fri, 18 Feb 2011 00:00:00 +0530 Tue, 15 Mar 2011 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202358 Where duty and interest were paid before issue of the show cause notice, the proviso to Section 11AC was held to permit reduced penalty at 25% within the prescribed time. The penalty under Section 11AC remained otherwise sustainable because the clearance of goods on incorrect PLA entries still attracted penal liability, although the facts did not amount to clandestine removal in the strict sense. The legal effect was that the assessee received only limited relief on penalty quantification, while the underlying penalty liability was maintained. Case-Laws Central Excise Fri, 18 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202358