https://www.taxtmi.com/caselaws?id=174748 The High Court upheld the Tribunal's decision to allow the assessee to deposit 25% of the penalty within 30 days to restrict the penalty to 25% of the duty amount, despite not re-determining the duty. The Court affirmed that the Tribunal's interpretation of the law was correct, citing legal precedents. It directed the adjudicating authority to offer the option of reduced penalty to the assessee, emphasizing compliance with Circulars issued by the Central Excise Department. The Court dismissed the Tax Appeal, finding no substantial question of law and affirming the Tribunal's order. en-us Wed, 17 Feb 2010 00:00:00 +0530 Mon, 19 Oct 2015 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174748 The High Court upheld the Tribunal's decision to allow the assessee to deposit 25% of the penalty within 30 days to restrict the penalty to 25% of the duty amount, despite not re-determining the duty. The Court affirmed that the Tribunal's interpretation of the law was correct, citing legal precedents. It directed the adjudicating authority to offer the option of reduced penalty to the assessee, emphasizing compliance with Circulars issued by the Central Excise Department. The Court dismissed the Tax Appeal, finding no substantial question of law and affirming the Tribunal's order. Case-Laws Central Excise Wed, 17 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174748