https://www.taxtmi.com/caselaws?id=189751 The Tribunal granted the appellants the option to deposit required amounts within 30 days as per the proviso to Section 11AC. Failure to comply would result in liability to pay 100% of the duty demand towards penalty. The Tribunal determined that Section 11AC was not applicable, thus no need to reconsider the penalty imposed on the Director. en-us Wed, 24 Mar 2010 00:00:00 +0530 Thu, 19 Jan 2017 13:21:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189751 The Tribunal granted the appellants the option to deposit required amounts within 30 days as per the proviso to Section 11AC. Failure to comply would result in liability to pay 100% of the duty demand towards penalty. The Tribunal determined that Section 11AC was not applicable, thus no need to reconsider the penalty imposed on the Director. Case-Laws Central Excise Wed, 24 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189751