https://www.taxtmi.com/caselaws?id=353035 The Tribunal set aside the order denying the appellant the reduced penalty benefit under Section 11AC, ruling in favor of the appellant. The appellant's full payment of duty before adjudication eliminated any outstanding duty liability, entitling them to the reduced penalty benefit. The Tribunal held that the amended Section 11AB did not apply retroactively to the appellant's case, allowing them to benefit from the pre-amended provision. Consequently, the appellant was granted the reduced penalty of 25% under Section 11AC and received consequential benefits. en-us Mon, 04 Dec 2017 00:00:00 +0530 Wed, 27 Dec 2017 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353035 The Tribunal set aside the order denying the appellant the reduced penalty benefit under Section 11AC, ruling in favor of the appellant. The appellant's full payment of duty before adjudication eliminated any outstanding duty liability, entitling them to the reduced penalty benefit. The Tribunal held that the amended Section 11AB did not apply retroactively to the appellant's case, allowing them to benefit from the pre-amended provision. Consequently, the appellant was granted the reduced penalty of 25% under Section 11AC and received consequential benefits. Case-Laws Central Excise Mon, 04 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353035