2015 (5) TMI 985

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....(Judicial) For the Appeleant : Shri Kamaljeet Singh For the Resoindent : Shri R K Mishra ORDER The appellants are in appeal against the  impugned order for imposing penalty  under Rule 26 of the Central Excise Rules, 2002.  Learned Counsel for the appellant submits that the penalty has been imposed on the appellants  on the ground  that  appellants have is....

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....on ble High Court has held that  Tribunal cannot     observing that penalty is on higher side.   2. Heard the parties. Considered the submissions. 3. In this case, the appellants are relying on the decision of this Tribunal for reduction of  penalty in the case of  appellants himself and in the case of Adhunik  Steel Ltd. and M/s. Tata Steel (supr....