Appellate Tribunal overturns penalty for excise duty non-compliance The Appellate Tribunal CESTAT, New Delhi, allowed the appeal, setting aside the penalty of Rs. 10,000 imposed on the Appellant for failure to maintain ...
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Appellate Tribunal overturns penalty for excise duty non-compliance
The Appellate Tribunal CESTAT, New Delhi, allowed the appeal, setting aside the penalty of Rs. 10,000 imposed on the Appellant for failure to maintain proper central excise accounts. The Tribunal considered the Appellant's total clearance falling within full exemption from central excise duty and the absence of duty evasion, leading to the conclusion that the penalty was unjustified. The Appellant's non-functional unit and operational challenges were also taken into account in the decision.
The Appellate Tribunal CESTAT, New Delhi, allowed the appeal against a penalty of Rs. 10,000 imposed on the Appellant for failure to maintain proper central excise accounts. The Tribunal noted that the total clearance of the Appellant was within full exemption from central excise duty, and since there was no duty evasion, the penalty was not justified. The penalty was set aside due to the Appellant's unit being non-functional and facing difficulties.
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