COMMISSIONER OF CENTRAL EXCISE Vs. RAJ FINOXIDES PRIVATE LTD., A COMPANY INCORPORATED UNDER THE COMPANIES ACT, 1956

JUDGEMENT

(1.) The Court : This reference application has been admitted on the following grounds:

(2.) Mr. Mukherjee appearing in support of the application tried to contend that the Tribunal had no jurisdiction to reduce the penalty under Sec. 11AC of the Central Excise Act. on the contrary, it has been it has by Mr. Dutt before us that such question has already been decided by several Hon'ble High Courts and the Hon'ble Supreme Court of India find the following decisions are cited:

(3.) (Commissioner of Central Excise -I v/s. Gaurav Mercantiles Ltd.)