https://www.taxtmi.com/caselaws?id=340782 The appellant was not entitled to the benefit of paying only 25% of the penalty as they did not comply with the statutory requirements for reduced penalty under Section 11AC of the Central Excise Act. Additionally, the penalty was not limited to the balance unpaid amount of the duty determined under Section 11A(2), as the court emphasized that the benefit of reduced penalty only applies if the entire duty and interest are paid promptly. The appeal was dismissed, affirming the appellant's liability to pay the penalty on the entire duty determined under Section 11A(2). en-us Tue, 14 Mar 2017 00:00:00 +0530 Mon, 27 Mar 2017 07:47:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340782 The appellant was not entitled to the benefit of paying only 25% of the penalty as they did not comply with the statutory requirements for reduced penalty under Section 11AC of the Central Excise Act. Additionally, the penalty was not limited to the balance unpaid amount of the duty determined under Section 11A(2), as the court emphasized that the benefit of reduced penalty only applies if the entire duty and interest are paid promptly. The appeal was dismissed, affirming the appellant's liability to pay the penalty on the entire duty determined under Section 11A(2). Case-Laws Central Excise Tue, 14 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340782