https://www.taxtmi.com/caselaws?id=246426 The Tribunal upheld the imposition of a penalty of Rs. 15,000 under Section 11AC of the Central Excise Act, 1944, as the appellant did not challenge the Revenue's appeal. The Tribunal directed the appellant to deposit 25% of the confirmed duty within 30 days to benefit from the provisions of Section 11AC, citing precedent from the High Court of Gujarat. Failure to comply would result in the appellant being liable for the entire duty amount as a penalty. The Revenue's appeal was disposed of in line with the Tribunal's directions. en-us Tue, 10 Apr 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246426 The Tribunal upheld the imposition of a penalty of Rs. 15,000 under Section 11AC of the Central Excise Act, 1944, as the appellant did not challenge the Revenue's appeal. The Tribunal directed the appellant to deposit 25% of the confirmed duty within 30 days to benefit from the provisions of Section 11AC, citing precedent from the High Court of Gujarat. Failure to comply would result in the appellant being liable for the entire duty amount as a penalty. The Revenue's appeal was disposed of in line with the Tribunal's directions. Case-Laws Central Excise Tue, 10 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246426