https://www.taxtmi.com/caselaws?id=270051 The Tribunal found no grounds for penalty imposition under the Central Excise Act and Rules due to discrepancies in scrap clearances and invoicing. While duty and interest were upheld, the penalty was reduced to 25% of the duty amount as the assessee had already paid the duty and interest before adjudication. en-us Thu, 05 Nov 2015 00:00:00 +0530 Mon, 28 Dec 2015 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270051 The Tribunal found no grounds for penalty imposition under the Central Excise Act and Rules due to discrepancies in scrap clearances and invoicing. While duty and interest were upheld, the penalty was reduced to 25% of the duty amount as the assessee had already paid the duty and interest before adjudication. Case-Laws Central Excise Thu, 05 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270051