https://www.taxtmi.com/caselaws?id=253461 The High Court set aside the Tribunal's decision to reduce the penalty under Section 11AC of the Central Excise Act and restored the penalty imposed by the Original Authority. The Court held that once the conditions for applying Section 11AC are met, the penalty must be equal to the duty determined under Section 11A. The Civil Miscellaneous Appeal by the Revenue was allowed, with no costs imposed. en-us Thu, 03 Jan 2013 00:00:00 +0530 Tue, 25 Nov 2014 08:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253461 The High Court set aside the Tribunal's decision to reduce the penalty under Section 11AC of the Central Excise Act and restored the penalty imposed by the Original Authority. The Court held that once the conditions for applying Section 11AC are met, the penalty must be equal to the duty determined under Section 11A. The Civil Miscellaneous Appeal by the Revenue was allowed, with no costs imposed. Case-Laws Central Excise Thu, 03 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253461