https://www.taxtmi.com/caselaws?id=361214 The appellate tribunal ruled in favor of the appellant, holding that the appellant was not liable for any further penalty. The tribunal determined that the appellant had complied with the penalty payment requirements by paying 25% of the penalty amount within the specified timeframe, thereby clarifying the applicability of reduced penalties under Section 11AC(1)(b) in cases involving penalty imposition under Rule 15(1) of the CENVAT Credit Rules. en-us Fri, 01 Jun 2018 00:00:00 +0530 Thu, 28 Jun 2018 12:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=361214 The appellate tribunal ruled in favor of the appellant, holding that the appellant was not liable for any further penalty. The tribunal determined that the appellant had complied with the penalty payment requirements by paying 25% of the penalty amount within the specified timeframe, thereby clarifying the applicability of reduced penalties under Section 11AC(1)(b) in cases involving penalty imposition under Rule 15(1) of the CENVAT Credit Rules. Case-Laws Central Excise Fri, 01 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=361214