https://www.taxtmi.com/caselaws?id=219968 The judgment addressed the imposition of a penalty of Rs.6,80,569/- on the appellants under Section 11AC of the Central Excise Act, 1944, for importing material without Central Excise Registration and collecting excise duty from customers but failing to deposit it. The court ruled that penalties can only be imposed on demands under Section 11A(1) and restricted the penalty to 25% of Rs.69,281/- as the duty amount was paid before adjudication. The appellants were given 30 days to pay the reduced penalty, emphasizing compliance with payment terms to avoid the full penalty amount. en-us Fri, 13 Jul 2012 00:00:00 +0530 Mon, 11 Mar 2013 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219968 The judgment addressed the imposition of a penalty of Rs.6,80,569/- on the appellants under Section 11AC of the Central Excise Act, 1944, for importing material without Central Excise Registration and collecting excise duty from customers but failing to deposit it. The court ruled that penalties can only be imposed on demands under Section 11A(1) and restricted the penalty to 25% of Rs.69,281/- as the duty amount was paid before adjudication. The appellants were given 30 days to pay the reduced penalty, emphasizing compliance with payment terms to avoid the full penalty amount. Case-Laws Central Excise Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219968