https://www.taxtmi.com/caselaws?id=264874 The statutory reduced-penalty option under Section 11AC had to be extended where duty and interest were upheld and the order permitted payment of 25% penalty within 30 days of communication; the adjudication was interfered with to that extent. Penalties on the co-noticees were not deleted, but they were reduced because the original quantum was considered excessive on the facts. The duty demand and main liability were maintained, while the penalty regime was moderated by recognising the statutory option and reducing co-noticee penalties. en-us Thu, 12 Feb 2015 00:00:00 +0530 Mon, 28 Sep 2015 10:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264874 The statutory reduced-penalty option under Section 11AC had to be extended where duty and interest were upheld and the order permitted payment of 25% penalty within 30 days of communication; the adjudication was interfered with to that extent. Penalties on the co-noticees were not deleted, but they were reduced because the original quantum was considered excessive on the facts. The duty demand and main liability were maintained, while the penalty regime was moderated by recognising the statutory option and reducing co-noticee penalties. Case-Laws Central Excise Thu, 12 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264874