https://www.taxtmi.com/caselaws?id=339341 The Supreme Court allowed the appeal, setting aside the Customs, Excise and Service Tax Appellate Tribunal's decision to reduce the penalty amount imposed on the Limited Company. The Court held that the Tribunal lacked jurisdiction to decrease the penalty under Section 11-AC of the Central Excise Act, 1944, as established in Union of India vs. Dharamendra Textile Processors case. The Tribunal's reduction of the penalty without legal justification was deemed unsustainable, leading to the restoration of the original penalty amount imposed by the adjudicating authority. The appeal was allowed without costs awarded. en-us Wed, 15 Feb 2017 00:00:00 +0530 Thu, 17 Aug 2017 12:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339341 The Supreme Court allowed the appeal, setting aside the Customs, Excise and Service Tax Appellate Tribunal's decision to reduce the penalty amount imposed on the Limited Company. The Court held that the Tribunal lacked jurisdiction to decrease the penalty under Section 11-AC of the Central Excise Act, 1944, as established in Union of India vs. Dharamendra Textile Processors case. The Tribunal's reduction of the penalty without legal justification was deemed unsustainable, leading to the restoration of the original penalty amount imposed by the adjudicating authority. The appeal was allowed without costs awarded. Case-Laws Central Excise Wed, 15 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339341