https://www.taxtmi.com/caselaws?id=83491 Penalty was not sustainable where goods were cleared while the classification list remained pending approval, because the list had been filed regularly, clearances were made on the basis of the earlier approved classification, and the delay in final approval was not attributable to the assessee. The assessee could not be expected to suspend clearances merely for want of formal approval, so no penal consequence followed for this technical lapse. The levy of penalty was therefore set aside in favour of the assessee. en-us Thu, 10 Mar 1994 00:00:00 +0530 Wed, 13 Jul 2011 17:43:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=83491 Penalty was not sustainable where goods were cleared while the classification list remained pending approval, because the list had been filed regularly, clearances were made on the basis of the earlier approved classification, and the delay in final approval was not attributable to the assessee. The assessee could not be expected to suspend clearances merely for want of formal approval, so no penal consequence followed for this technical lapse. The levy of penalty was therefore set aside in favour of the assessee. Case-Laws Central Excise Thu, 10 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=83491