https://www.taxtmi.com/caselaws?id=379925 The tribunal held that the appellant is liable to pay only 25% of the actual duty as a penalty, amounting to Rs. 4,66,692/- (25% of Rs. 18,66,768/-). Consequently, the imposition of a Rs. 16 lakhs penalty was set aside, and the appeal was partly allowed. en-us Tue, 07 May 2019 00:00:00 +0530 Fri, 10 May 2019 07:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379925 The tribunal held that the appellant is liable to pay only 25% of the actual duty as a penalty, amounting to Rs. 4,66,692/- (25% of Rs. 18,66,768/-). Consequently, the imposition of a Rs. 16 lakhs penalty was set aside, and the appeal was partly allowed. Case-Laws Central Excise Tue, 07 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379925