https://www.taxtmi.com/caselaws?id=211478 The court held that the appellants failed to pay the duty amount within the specified 30-day period, thus not meeting the condition for benefiting from the proviso to Section 11AC. As a result, their application for penalty reduction was dismissed, emphasizing the importance of complying with the statutory requirements for availing such benefits. The judgment clarified that the assessing authority is not obligated to make a specific offer for reduced penalty, and compliance with the proviso's conditions is crucial for obtaining penalty relief. en-us Fri, 29 Jul 2011 00:00:00 +0530 Wed, 12 Jun 2013 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211478 The court held that the appellants failed to pay the duty amount within the specified 30-day period, thus not meeting the condition for benefiting from the proviso to Section 11AC. As a result, their application for penalty reduction was dismissed, emphasizing the importance of complying with the statutory requirements for availing such benefits. The judgment clarified that the assessing authority is not obligated to make a specific offer for reduced penalty, and compliance with the proviso's conditions is crucial for obtaining penalty relief. Case-Laws Central Excise Fri, 29 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211478