Benefit of reduced penalty - When the legislature specifically ...

Central Excise

June 30, 2012

Benefit of reduced penalty - When the legislature specifically fixes the time limit within which the duty with interest and penalty at 25% is to be paid for availing the incentive, it would neither be open to the appellate authority nor any other authority to permit the assessee to pay 25% penalty at any time other than the time prescribed under Section 11AC. - HC

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Benefit of reduced penalty - When the legislature specifically ...

Central Excise

June 30, 2012

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