https://www.taxtmi.com/caselaws?id=77776 The Tribunal upheld the imposition of penalty under Section 11AC for clandestine removal of goods without payment of duty. It rejected the waiver of penalty due to prior duty payment, emphasizing that payment before notice does not absolve the assessee from penalty. The Tribunal reinstated the penalty, citing relevant legal precedents and holding that if the elements for penalty under Section 11AC are present, the penalty should be imposed. The Revenue's appeal was allowed, setting aside the penalty waiver and restoring the original penalty order. en-us Wed, 17 Feb 2010 00:00:00 +0530 Sat, 09 Oct 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77776 The Tribunal upheld the imposition of penalty under Section 11AC for clandestine removal of goods without payment of duty. It rejected the waiver of penalty due to prior duty payment, emphasizing that payment before notice does not absolve the assessee from penalty. The Tribunal reinstated the penalty, citing relevant legal precedents and holding that if the elements for penalty under Section 11AC are present, the penalty should be imposed. The Revenue's appeal was allowed, setting aside the penalty waiver and restoring the original penalty order. Case-Laws Central Excise Wed, 17 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77776