Home Case Index All Cases Central Excise Central Excise + HC Central Excise - 2010 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (1) TMI 518 - HC - Central ExcisePenalty u/s 11C - mandatory Penalty - assessee Paid the duty amount prior to the issuance of show cause notice - equivalent to 25% of the duty amount - Held that: In the present case, the issue is with regard to levy of penalty equivalent to 25% of the duty amount. Since the respondent assessee has already paid the duty amount prior to the issuance of show-cause notice, there is no question of exercise of any option by the respondent - assessee and the assessee is straightway entitled to the benefit of the Proviso 1 & 2 to Section 11AC of the Act.
|