https://www.taxtmi.com/caselaws?id=179026 The court ruled in favor of the Appellant, reducing the duty to Rs. 3,62,881 and penalty to Rs. 90,720. The Commissioner (Appeals)'s decision to impose a penalty of Rs. 2,17,908 was deemed incorrect. The court allowed the Appellant to retain the excess amount of Rs. 1,20,940 as the Respondent did not claim it. The judgment emphasized adherence to the Central Excise Act, 1944 in penalty calculations and clarified CESTAT's limited authority due to the specific circumstances of the case. en-us Mon, 09 Feb 2009 00:00:00 +0530 Wed, 04 May 2016 18:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179026 The court ruled in favor of the Appellant, reducing the duty to Rs. 3,62,881 and penalty to Rs. 90,720. The Commissioner (Appeals)'s decision to impose a penalty of Rs. 2,17,908 was deemed incorrect. The court allowed the Appellant to retain the excess amount of Rs. 1,20,940 as the Respondent did not claim it. The judgment emphasized adherence to the Central Excise Act, 1944 in penalty calculations and clarified CESTAT's limited authority due to the specific circumstances of the case. Case-Laws Central Excise Mon, 09 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179026