2017 (2) TMI 1299

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....nts Ms. Anjali Hirawat, Advocate for the Respondent ORDER Per: Ramesh Nair This appeal filed by the Revenue against Order of the Commissioner(Appeals) whereby he reduced the penalty of Rs. 15,91,410/-, imposed under Section 11AC by the Adjudicating authority to Rs. 1 lakh. Demand of differential duty confirmed on the freight and insurance collected by the respondent from the customer u....

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....T 3(S.C.)] 3. Ms. Anjali Hirawat, Ld. Counsel for the Respondent submits that in the present case penalty was consequential to the duty demand on freight and insurance. She submits that demand itself was not sustainable therefore there was no suppression of facts, accordingly, penalty under Section 11AC was not imposable. Therefore reduction of penalty from equal amount of duty to Rs. 1 Lakh is....