https://www.taxtmi.com/caselaws?id=266269 The Tribunal upheld the adjudication order with modifications, emphasizing the re-quantification of duty with the benefit of cum-duty price and the option for the appellant to pay a reduced penalty as per Section 11AC of the Central Excise Act, 1944. The Commissioner (Appeals) upheld the duty demand based on lack of evidence supporting the appellant's claims, while reducing the penalty imposed on the appellant's Director. The Tribunal supported the appellant's argument for extending the cum-duty benefit, directing the adjudicating authority to allow the appellant to pay the reduced penalty within a specified period. en-us Tue, 12 May 2015 00:00:00 +0530 Sat, 13 Feb 2016 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266269 The Tribunal upheld the adjudication order with modifications, emphasizing the re-quantification of duty with the benefit of cum-duty price and the option for the appellant to pay a reduced penalty as per Section 11AC of the Central Excise Act, 1944. The Commissioner (Appeals) upheld the duty demand based on lack of evidence supporting the appellant's claims, while reducing the penalty imposed on the appellant's Director. The Tribunal supported the appellant's argument for extending the cum-duty benefit, directing the adjudicating authority to allow the appellant to pay the reduced penalty within a specified period. Case-Laws Central Excise Tue, 12 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266269