https://www.taxtmi.com/caselaws?id=264875 Reduced penalty under Section 11AC of the Central Excise Act remained available where the adjudicating authority had not withheld that statutory option, so the Revenue's challenge to the appellate grant of reduced penalty failed. Separate penalty on a partner was also unsustainable after penalty had already been imposed on the firm, because a partner is not treated as a distinct penal entity absent a specific attributable act justifying additional punishment. The appellate order was therefore left substantially in favour of the assessee side, with the partner's penalty set aside. en-us Thu, 12 Feb 2015 00:00:00 +0530 Sun, 04 Oct 2015 21:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264875 Reduced penalty under Section 11AC of the Central Excise Act remained available where the adjudicating authority had not withheld that statutory option, so the Revenue's challenge to the appellate grant of reduced penalty failed. Separate penalty on a partner was also unsustainable after penalty had already been imposed on the firm, because a partner is not treated as a distinct penal entity absent a specific attributable act justifying additional punishment. The appellate order was therefore left substantially in favour of the assessee side, with the partner's penalty set aside. Case-Laws Central Excise Thu, 12 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264875