https://www.taxtmi.com/caselaws?id=30372 The Tribunal upheld the reduction of penalty from Rs.1,38,938/- to Rs.35,000/- under Sec.11AC by the Commissioner (Appeals). The Commissioner correctly applied the law, considering payment of duty and interest before the show cause notice issuance. The High Court precedent supported the reduction under Rule 25 when duty was paid pre-notice. As the penalty amount was not disputed by the respondents, the Tribunal deemed the reduction appropriate, rejecting the revenue's appeal as lacking merit. en-us Wed, 30 Jan 2008 00:00:00 +0530 Sat, 23 Aug 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=30372 The Tribunal upheld the reduction of penalty from Rs.1,38,938/- to Rs.35,000/- under Sec.11AC by the Commissioner (Appeals). The Commissioner correctly applied the law, considering payment of duty and interest before the show cause notice issuance. The High Court precedent supported the reduction under Rule 25 when duty was paid pre-notice. As the penalty amount was not disputed by the respondents, the Tribunal deemed the reduction appropriate, rejecting the revenue's appeal as lacking merit. Case-Laws Central Excise Wed, 30 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=30372