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2012 (1) TMI 30 - PUNJAB AND HARYANA HIGH COURTValidity of power of Tribunal to grant statutory right to the assessee to deposit the amount of penalty u/s 11 AC of the Central Excise Act - Show-cause notice issued by Assistant Commissioner raising the demand and imposing penalty did not indicate regarding the benefit of depositing the amount within 30 days – Held that:- Once an earlier order was not passed in accordance with the provisions of Section 11 AC of the Act then the Tribunal was fully justified in granting one opportunity to the assessee to pay the amount of penalty in terms of proviso to Section 11 AC of the Act within a period of 30 days by earning the benefit of paying penal amount to the extent of 25% instead of amount equivalent to the amount of duty. - Decided against the revenue.
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