https://www.taxtmi.com/caselaws?id=259293 The Tribunal rejected the rectification application regarding the penalty under Section 11AC, as it was confirmed by the adjudicating authority and deemed mandatory due to the duty demand for clandestine clearance of Terpene being sustained. The disagreement between the Tribunal members did not impact the penalty imposition, as the duty demand's confirmation automatically triggered the penalty provision under the law. en-us Fri, 13 Mar 2015 00:00:00 +0530 Sat, 13 Feb 2016 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259293 The Tribunal rejected the rectification application regarding the penalty under Section 11AC, as it was confirmed by the adjudicating authority and deemed mandatory due to the duty demand for clandestine clearance of Terpene being sustained. The disagreement between the Tribunal members did not impact the penalty imposition, as the duty demand's confirmation automatically triggered the penalty provision under the law. Case-Laws Central Excise Fri, 13 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259293