https://www.taxtmi.com/caselaws?id=234262 The appellant successfully explained the delay in filing the appeal due to a misplaced file, leading to condonation of the delay. The appellant, involved in manufacturing transformers, deposited Central Excise Duty promptly after a material shortage was detected during stock verification. Despite arguments against the penalty imposition under Section 11AC, the Tribunal upheld the penalty. The judgment emphasized the adjudicating authority's obligation to mention the reduced penalty option in the original order. The appellant was allowed to pay 25% of the penalty within 30 days to benefit from the reduced penalty provision. en-us Thu, 09 Aug 2012 00:00:00 +0530 Wed, 05 Jun 2013 11:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234262 The appellant successfully explained the delay in filing the appeal due to a misplaced file, leading to condonation of the delay. The appellant, involved in manufacturing transformers, deposited Central Excise Duty promptly after a material shortage was detected during stock verification. Despite arguments against the penalty imposition under Section 11AC, the Tribunal upheld the penalty. The judgment emphasized the adjudicating authority's obligation to mention the reduced penalty option in the original order. The appellant was allowed to pay 25% of the penalty within 30 days to benefit from the reduced penalty provision. Case-Laws Central Excise Thu, 09 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234262