https://www.taxtmi.com/caselaws?id=267696 Where penalty is imposed under the Central Excise Act, the assessee is entitled to the statutory reduced-penalty option if the prescribed conditions are satisfied. The demand of duty and interest was not disputed, and the only grievance concerned denial of the concession to discharge penalty at a reduced percentage within the stipulated period. The commentary states that the assessee was entitled to pay the reduced penalty together with duty and interest within 30 days from communication of the order. en-us Thu, 25 Jun 2015 00:00:00 +0530 Tue, 10 Nov 2015 21:40:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267696 Where penalty is imposed under the Central Excise Act, the assessee is entitled to the statutory reduced-penalty option if the prescribed conditions are satisfied. The demand of duty and interest was not disputed, and the only grievance concerned denial of the concession to discharge penalty at a reduced percentage within the stipulated period. The commentary states that the assessee was entitled to pay the reduced penalty together with duty and interest within 30 days from communication of the order. Case-Laws Central Excise Thu, 25 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267696