https://www.taxtmi.com/caselaws?id=345525 The Supreme Court clarified that the reduced penalty under Section 11AC of the Central Excise Act could be applied at the appellate stage if not specified in the adjudication order. Consequently, the Tribunal extended the benefit of reduced penalty to M/s. Orien Industries Ltd. and its directors. The Tribunal also reduced penalties on co-appellants in the interest of justice. The imposition of 100% penalty on the main appellant was set aside, and the appeals were disposed of accordingly. en-us Fri, 23 Jun 2017 00:00:00 +0530 Tue, 01 Aug 2017 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345525 The Supreme Court clarified that the reduced penalty under Section 11AC of the Central Excise Act could be applied at the appellate stage if not specified in the adjudication order. Consequently, the Tribunal extended the benefit of reduced penalty to M/s. Orien Industries Ltd. and its directors. The Tribunal also reduced penalties on co-appellants in the interest of justice. The imposition of 100% penalty on the main appellant was set aside, and the appeals were disposed of accordingly. Case-Laws Central Excise Fri, 23 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345525