Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2017 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2017 (11) TMI 1461 - AT - Central ExciseBenefit of reduced penalty - Whether, appellant herein is to be extended the benefit of discharge of 25% of the amount of duty confirmed, as penalty under the provisions of section 11 AC of Central Excise Act 1944 or otherwise? Held that: - the entire amount of ₹ 67,46,191/- was deposited before the appellant was informed about the crystallization of the duty liability of 42,77,334/- by a letter dated 02/09/14 - If these facts are not denied and remain undisputed, the appellant needs to be extended the benefit of discharge of penalty of 25% of the amount of duty crystallized against them. Appeal allowed - decided in favor of appellant.
|