https://www.taxtmi.com/caselaws?id=250418 The Tribunal dismissed the Revenue's appeal against the reduction of penalty by the Commissioner (Appeals) in a case concerning the excisability of intermixture of vitamins for captive use in manufacturing instant baby food. The Tribunal held that since the extended limitation period was not applicable, the penalty under Section 11AC could not be imposed, emphasizing that penalties could only be discretionary under Rule 25 (1) of the Central Excise Rules and need not be equal to the duty demand. en-us Wed, 30 Apr 2014 00:00:00 +0530 Tue, 12 Aug 2014 16:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250418 The Tribunal dismissed the Revenue's appeal against the reduction of penalty by the Commissioner (Appeals) in a case concerning the excisability of intermixture of vitamins for captive use in manufacturing instant baby food. The Tribunal held that since the extended limitation period was not applicable, the penalty under Section 11AC could not be imposed, emphasizing that penalties could only be discretionary under Rule 25 (1) of the Central Excise Rules and need not be equal to the duty demand. Case-Laws Central Excise Wed, 30 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250418