https://www.taxtmi.com/caselaws?id=245516 Where suppression of facts and non-payment of duty are found, section 11AC of the Central Excise Act, 1944 requires a penalty equal to the duty determined. The Tribunal has no discretion to reduce the penalty below that amount once the statutory conditions are satisfied. The document notes that this principle was already settled by an earlier Division Bench decision and was treated as governing the appeal, which the assessee did not dispute. The issue was therefore answered in favour of the Revenue, confirming that a lesser penalty could not be imposed. en-us Fri, 28 Mar 2014 00:00:00 +0530 Tue, 01 Apr 2014 15:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245516 Where suppression of facts and non-payment of duty are found, section 11AC of the Central Excise Act, 1944 requires a penalty equal to the duty determined. The Tribunal has no discretion to reduce the penalty below that amount once the statutory conditions are satisfied. The document notes that this principle was already settled by an earlier Division Bench decision and was treated as governing the appeal, which the assessee did not dispute. The issue was therefore answered in favour of the Revenue, confirming that a lesser penalty could not be imposed. Case-Laws Central Excise Fri, 28 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245516