https://www.taxtmi.com/caselaws?id=346048 The court upheld the imposition of a 100% penalty under Section 11AC of the Central Excise Act, 1944, despite the assessee voluntarily paying the duty before the issuance of a show cause notice. The court clarified that Section 11A provisions do not preclude penalty imposition under Section 11AC for duty evasion through fraud or suppression of facts. Additionally, the court ruled that the assessee was not eligible for the reduced penalty of 25% as they did not pay within the specified 30-day period, as mandated by Section 11AC provisos. Consequently, the appeal was dismissed, affirming the full 100% penalty imposition. en-us Tue, 01 Aug 2017 00:00:00 +0530 Mon, 29 Jan 2018 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346048 The court upheld the imposition of a 100% penalty under Section 11AC of the Central Excise Act, 1944, despite the assessee voluntarily paying the duty before the issuance of a show cause notice. The court clarified that Section 11A provisions do not preclude penalty imposition under Section 11AC for duty evasion through fraud or suppression of facts. Additionally, the court ruled that the assessee was not eligible for the reduced penalty of 25% as they did not pay within the specified 30-day period, as mandated by Section 11AC provisos. Consequently, the appeal was dismissed, affirming the full 100% penalty imposition. Case-Laws Central Excise Tue, 01 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346048