https://www.taxtmi.com/caselaws?id=203418 The Tribunal dismissed the appeal challenging the reduction of penalty amount from Rs.1,37,560/- to Rs.25,000/- by the Commissioner (Appeals) in a case involving confiscation of Valves & Cocks bearing the brand name 'KIRTI'. The Tribunal found no substantial legal questions arising from the penalty reduction order and affirmed the decision based on the Central Excise Act provisions and relevant case law, including the principle that penalties should be equal to the evaded duty amount. en-us Fri, 25 Mar 2011 00:00:00 +0530 Thu, 26 May 2011 07:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203418 The Tribunal dismissed the appeal challenging the reduction of penalty amount from Rs.1,37,560/- to Rs.25,000/- by the Commissioner (Appeals) in a case involving confiscation of Valves & Cocks bearing the brand name 'KIRTI'. The Tribunal found no substantial legal questions arising from the penalty reduction order and affirmed the decision based on the Central Excise Act provisions and relevant case law, including the principle that penalties should be equal to the evaded duty amount. Case-Laws Central Excise Fri, 25 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203418