https://www.taxtmi.com/caselaws?id=266390 The Tribunal upheld the decisions of the Gujarat High Court and the Supreme Court, dismissing the Revenue's appeal and ruling in favor of the Respondent on both issues. The Tribunal held that the reduced penalty under Section 11AC was justified based on precedents and that imposing a separate penalty on the partner of a partnership firm was not permissible as the partner is not a distinct legal entity from the firm already penalized. en-us Fri, 13 Feb 2015 00:00:00 +0530 Mon, 19 Oct 2015 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266390 The Tribunal upheld the decisions of the Gujarat High Court and the Supreme Court, dismissing the Revenue's appeal and ruling in favor of the Respondent on both issues. The Tribunal held that the reduced penalty under Section 11AC was justified based on precedents and that imposing a separate penalty on the partner of a partnership firm was not permissible as the partner is not a distinct legal entity from the firm already penalized. Case-Laws Central Excise Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266390