https://www.taxtmi.com/caselaws?id=202421 The Tribunal confirmed the duty demand but limited the penalty to 25% of the duty amount, following the statutory provision and the decision in Rajasthan Spinning Mills case. The appellant was granted a concessional penalty limited to 25% of the duty amount involved. The appeal was partly allowed, with the penalty amount being modified. In the case of an individual, Shri Bharat Bhushan, the Tribunal found no evidence of conscious abatement and allowed his appeal, directing that no penalty be imposed on him as the director. en-us Fri, 11 Jun 2010 00:00:00 +0530 Tue, 01 Feb 2011 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202421 The Tribunal confirmed the duty demand but limited the penalty to 25% of the duty amount, following the statutory provision and the decision in Rajasthan Spinning Mills case. The appellant was granted a concessional penalty limited to 25% of the duty amount involved. The appeal was partly allowed, with the penalty amount being modified. In the case of an individual, Shri Bharat Bhushan, the Tribunal found no evidence of conscious abatement and allowed his appeal, directing that no penalty be imposed on him as the director. Case-Laws Central Excise Fri, 11 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202421