https://www.taxtmi.com/caselaws?id=251265 The High Court quashed the Tribunal's order extending the benefit of reduced penalty under Section 11AC of the Central Excise Act, 1944, as the conditions were not met. The Court held that the Tribunal's reliance on a non-final decision in the Akash Fashion Prints Pvt. Ltd. case was misplaced. The High Court allowed the Tax Appeal, emphasizing that the benefit of reduced penalty should not have been extended at the appellate stage when statutory requirements were not fulfilled. en-us Tue, 30 Apr 2013 00:00:00 +0530 Tue, 09 Sep 2014 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251265 The High Court quashed the Tribunal's order extending the benefit of reduced penalty under Section 11AC of the Central Excise Act, 1944, as the conditions were not met. The Court held that the Tribunal's reliance on a non-final decision in the Akash Fashion Prints Pvt. Ltd. case was misplaced. The High Court allowed the Tax Appeal, emphasizing that the benefit of reduced penalty should not have been extended at the appellate stage when statutory requirements were not fulfilled. Case-Laws Central Excise Tue, 30 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251265