2008 (8) TMI 373

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... bunal is justified in reducing the amount of penalty to the extent of 25% of the duty confirmed leviable u/s 11AC of the Act despite finding of clandestine removal having stood admitted by the respondents?" 2. The order of the Tribunal requires to be reproduced in entirety to appreciate the proposed question. "ORDER NO. A/1610/WZB/AHD/2007 Per : Archana Wadhwa, Member (Judicial) Revenue ag .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (Judicial)" 3. Thus, it is apparent that revenue had preferred an appeal before the Tribunal being aggrieved with the reduction in quantum of penalty granted by Commissioner (Appeals) to the respondent-assessee. On a concession made by the respondent-assessee before the Tribunal on the basis of judgment of Delhi High Court referred to by the Tribunal, the penalty amount was increased by the Trib .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X