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2017 (1) TMI 1179 - CESTAT NEW DELHIClinker and Grey Portland Cement - quantum of penalty - SSI exemption - benefit of payment of penalty under Section 11 AC reduced to 25% - Held that: - Section 11AC(c) provides that the duty determined u/s 11 A and the interest payable thereon paid within 30 days from the date of communication of the order of the Central Excise Officers, the amount of penalty liable to be paid shall be 25% of the duty so determined. The benefit of 25% penalty will be available to the appellant provided that this penalty amount is also paid - From the records of appeal, it is found that out of total amount confirmed in the Impugned order to the extent of ₹ 7,77,816/- and the amount of ₹ 7,76,100/- has already been paid along with interest and 25% penalty. The minor difference is on account of calculation mistake, which is accepted. The benefit of reduction in penalty to 25% extended - appeal allowed - decided in favor of appellant.
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