https://www.taxtmi.com/caselaws?id=208308 The court upheld the Tribunal's decision to reduce the penalty to 25% of the duty amount under Section 11AC of the Central Excise Act, 1944. The appellant's challenge regarding compliance with preconditions for the reduced penalty was dismissed, emphasizing the importance of adhering to statutory obligations and providing clear options for reduced penalties within the specified time frame. The court dismissed the Tax Appeal, subject to ensuring compliance with the preconditions for the reduced penalty. en-us Wed, 17 Feb 2010 00:00:00 +0530 Fri, 12 Oct 2012 13:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208308 The court upheld the Tribunal's decision to reduce the penalty to 25% of the duty amount under Section 11AC of the Central Excise Act, 1944. The appellant's challenge regarding compliance with preconditions for the reduced penalty was dismissed, emphasizing the importance of adhering to statutory obligations and providing clear options for reduced penalties within the specified time frame. The court dismissed the Tax Appeal, subject to ensuring compliance with the preconditions for the reduced penalty. Case-Laws Central Excise Wed, 17 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208308