https://www.taxtmi.com/caselaws?id=357415 The Tribunal upheld the penalty of Rs. 5000 imposed by the original adjudicating authority, finding no mala fide intent on the part of the assessee. The Tribunal set aside the increased penalty of Rs. 1.61 lakhs imposed by the Commissioner (Appeals) and restored the original penalty amount. The demand with interest was confirmed, but no additional penalty equivalent to the duty amount was imposed under Section 11AC of the Central Excise Act, 1944. The appeal was disposed of accordingly. en-us Wed, 28 Feb 2018 00:00:00 +0530 Fri, 23 Mar 2018 07:11:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357415 The Tribunal upheld the penalty of Rs. 5000 imposed by the original adjudicating authority, finding no mala fide intent on the part of the assessee. The Tribunal set aside the increased penalty of Rs. 1.61 lakhs imposed by the Commissioner (Appeals) and restored the original penalty amount. The demand with interest was confirmed, but no additional penalty equivalent to the duty amount was imposed under Section 11AC of the Central Excise Act, 1944. The appeal was disposed of accordingly. Case-Laws Central Excise Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357415