https://www.taxtmi.com/caselaws?id=204870 Rule 25 of the Central Excise Rules, 2001 was read as prescribing only an upper ceiling on penalty, not as requiring imposition of the maximum penalty in every case. The Commissioner (Appeals) had recorded reasons for reducing the penalty, and those reasons were not challenged by the Revenue. On that basis, no ground was found to interfere with the appellate order, and the reduced penalty was upheld in favour of the assessee. en-us Wed, 08 Dec 2010 00:00:00 +0530 Tue, 09 Aug 2011 07:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204870 Rule 25 of the Central Excise Rules, 2001 was read as prescribing only an upper ceiling on penalty, not as requiring imposition of the maximum penalty in every case. The Commissioner (Appeals) had recorded reasons for reducing the penalty, and those reasons were not challenged by the Revenue. On that basis, no ground was found to interfere with the appellate order, and the reduced penalty was upheld in favour of the assessee. Case-Laws Central Excise Wed, 08 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204870