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2017 (5) TMI 647 - CESTAT NEW DELHIPenalty u/r 25 of the CER, 2002 - Clandestine removal - Held that: - the duty amount was deposited even before issuing the SCN. When it is so, the impugned order modified and penalty reduced to 25% of the duty amount as per provisions of Section 11AC of the CEA, 1944. The assessee will get the partial relief. Redemption fine - the depreciation has occurred so the value has gone down, being the old goods, request made for reduction of quantum of redemption fine - Held that: - we modify the impugned order and reduced the redemption fine to ₹ 15 lakhs only. The appellant will get the partial relief. Appeal allowed - decided partly in favor of appellant.
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