https://www.taxtmi.com/caselaws?id=293672 The Tribunal, led by Hon'ble Mr. Ashok K. Arya, Member (Technical), allowed the appeal in part in favor of the appellant, M/s Logic Poly Products. The appellant's timely payment of the entire duty amount, interest, and 25% penalty within 30 days from the communication of the liability order entitled them to the benefit of reduced penalty under Section 11AC of the Central Excise Act, 1944. The judgment underscores the importance of meeting statutory timelines and payment obligations to avail such benefits, modifying the impugned order to reflect the appellant's compliance. en-us Fri, 26 May 2017 00:00:00 +0530 Wed, 24 Feb 2021 09:40:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=293672 The Tribunal, led by Hon'ble Mr. Ashok K. Arya, Member (Technical), allowed the appeal in part in favor of the appellant, M/s Logic Poly Products. The appellant's timely payment of the entire duty amount, interest, and 25% penalty within 30 days from the communication of the liability order entitled them to the benefit of reduced penalty under Section 11AC of the Central Excise Act, 1944. The judgment underscores the importance of meeting statutory timelines and payment obligations to avail such benefits, modifying the impugned order to reflect the appellant's compliance. Case-Laws Central Excise Fri, 26 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=293672