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2011 (11) TMI 340 - CESTAT, NEW DELHIPlea for waiver of penalty – deposited duty & interest before passing of the Adjudication order – Held that:- Assessee is not in appeal on the finding that extended period of time is invokable. So we do not propose to go into this issue hence, penalty u/s 11AC is to be imposed. Since assessee have fully cooperated and paid duty and interest hence an option is given to pay 25% of the duty demanded as penalty within 30 days of receipt of this order. - Decided in favor of Revenue
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