https://www.taxtmi.com/caselaws?id=208348 The Tribunal held that the Commissioner (Appeals) did not have the authority to reduce the penalty under Section 11AC of the Central Excise Act, which should be equal to the duty involved in the case. Relying on a Supreme Court decision, the Tribunal reinstated the penalty amount to its original sum of Rs. 81,012, allowing the appeal filed by the Revenue. en-us Fri, 04 Nov 2011 00:00:00 +0530 Wed, 11 Jan 2012 15:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208348 The Tribunal held that the Commissioner (Appeals) did not have the authority to reduce the penalty under Section 11AC of the Central Excise Act, which should be equal to the duty involved in the case. Relying on a Supreme Court decision, the Tribunal reinstated the penalty amount to its original sum of Rs. 81,012, allowing the appeal filed by the Revenue. Case-Laws Central Excise Fri, 04 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208348