https://www.taxtmi.com/caselaws?id=46570 Penalty under Section 11AC of the Central Excise Act, 1944 was not finally determined, as the Supreme Court left open whether the penalty had to equal the duty amount. No opinion was expressed on the merits of that question. The matter was disposed of with a direction that the assessee's pending appeal before the Tribunal be decided on its merits. en-us Wed, 26 Feb 2003 00:00:00 +0530 Thu, 22 Jul 2010 15:28:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46570 Penalty under Section 11AC of the Central Excise Act, 1944 was not finally determined, as the Supreme Court left open whether the penalty had to equal the duty amount. No opinion was expressed on the merits of that question. The matter was disposed of with a direction that the assessee's pending appeal before the Tribunal be decided on its merits. Case-Laws Central Excise Wed, 26 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46570