https://www.taxtmi.com/caselaws?id=212151 The Tribunal held that liability to penalty under Section 11AC is mandatory when suppression of facts is established. The respondent's failure to declare exceeding the exemption limit, obtain registration, or pay duty led to the penalty being upheld. The Tribunal also directed the respondent to pay 25% of the duty within 30 days to reduce the penalty, as the original adjudicating authority had not considered this provision initially. Failure to comply within the specified time would result in the penalty liability equalling the duty amount demanded. en-us Wed, 20 Apr 2011 00:00:00 +0530 Wed, 28 Mar 2012 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212151 The Tribunal held that liability to penalty under Section 11AC is mandatory when suppression of facts is established. The respondent's failure to declare exceeding the exemption limit, obtain registration, or pay duty led to the penalty being upheld. The Tribunal also directed the respondent to pay 25% of the duty within 30 days to reduce the penalty, as the original adjudicating authority had not considered this provision initially. Failure to comply within the specified time would result in the penalty liability equalling the duty amount demanded. Case-Laws Central Excise Wed, 20 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212151