https://www.taxtmi.com/caselaws?id=180914 The High Court dismissed the tax appeal, ruling against the Revenue on both issues. The Court upheld the tribunal's findings regarding the treatment of value received as cum duty and the provision of a reduced penalty option upon timely payment of duty, interest, and penalty. The matter was remanded to the original adjudicating authority for reworking the duty liability and quantifying interest, while allowing the option to pay reduced penalty within 30 days. en-us Thu, 10 Mar 2011 00:00:00 +0530 Tue, 04 Apr 2017 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180914 The High Court dismissed the tax appeal, ruling against the Revenue on both issues. The Court upheld the tribunal's findings regarding the treatment of value received as cum duty and the provision of a reduced penalty option upon timely payment of duty, interest, and penalty. The matter was remanded to the original adjudicating authority for reworking the duty liability and quantifying interest, while allowing the option to pay reduced penalty within 30 days. Case-Laws Central Excise Thu, 10 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180914