https://www.taxtmi.com/caselaws?id=342909 The Tribunal partially allowed the appeal, modifying the penalty under Rule 25 of the Central Excise Rules, 2002 to 25% of the duty amount due to early payment by the appellant. Additionally, the redemption fine imposed on seized goods was reduced from &8377;20 lakhs to &8377;15 lakhs considering the depreciation of the goods while in custody. The appellant received partial relief in both instances, with the Tribunal adjusting the penalties accordingly. en-us Fri, 07 Apr 2017 00:00:00 +0530 Mon, 15 May 2017 05:45:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342909 The Tribunal partially allowed the appeal, modifying the penalty under Rule 25 of the Central Excise Rules, 2002 to 25% of the duty amount due to early payment by the appellant. Additionally, the redemption fine imposed on seized goods was reduced from &8377;20 lakhs to &8377;15 lakhs considering the depreciation of the goods while in custody. The appellant received partial relief in both instances, with the Tribunal adjusting the penalties accordingly. Case-Laws Central Excise Fri, 07 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342909