https://www.taxtmi.com/caselaws?id=214508 The penalty imposed on the 1st appellant was reduced to 25% on the condition of discharging the duty liability with interest and penalty within 30 days. The Tribunal rejected the Revenue's appeal against this decision. The penalties on the 2nd and 3rd appellants were upheld as fair and appropriate, with the Tribunal finding the penalties imposed by the Commissioner (Appeals) to be just considering the circumstances of the case. The appeals filed by the Revenue were ultimately rejected, affirming the penalties imposed on the 2nd and 3rd appellants. en-us Fri, 08 Jun 2012 00:00:00 +0530 Wed, 04 Jul 2012 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214508 The penalty imposed on the 1st appellant was reduced to 25% on the condition of discharging the duty liability with interest and penalty within 30 days. The Tribunal rejected the Revenue's appeal against this decision. The penalties on the 2nd and 3rd appellants were upheld as fair and appropriate, with the Tribunal finding the penalties imposed by the Commissioner (Appeals) to be just considering the circumstances of the case. The appeals filed by the Revenue were ultimately rejected, affirming the penalties imposed on the 2nd and 3rd appellants. Case-Laws Central Excise Fri, 08 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214508