Bombay High Court Partially Allows Petition Against Settlement Commission Order in Central Excise Dispute — Penalty Reduced Due to Full Duty Payment and Co-operation. The court reduced the penalty from Rs. 15 lacs to Rs. 5 lacs under Section 11AC of the Central Excise Act, 1944, as the petitioner had paid the full duty and co-operated.
19 Dec 2012The petitioner, M/s. Indorama Synthetics (India) Ltd., a company incorporated under the Companies Act, 1956, challenged an order dated 8/2/2011 of the...




