https://www.taxtmi.com/caselaws?id=86578 Penalty for failure to file the price list in the prescribed form was held unjustified where the assessee had declared price on gate passes, filed the classification list, and acted under a bona fide belief based on an earlier departmental letter. The assessee had cleared goods on gate passes showing value and duty, later disclosed the price by letter, and followed the procedure advised by departmental officers. On these facts, the lapse was treated as a technical, remediable procedural omission rather than a deliberate or mala fide default, so penal action was set aside. en-us Wed, 05 Feb 1997 00:00:00 +0530 Thu, 25 Aug 2011 17:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=86578 Penalty for failure to file the price list in the prescribed form was held unjustified where the assessee had declared price on gate passes, filed the classification list, and acted under a bona fide belief based on an earlier departmental letter. The assessee had cleared goods on gate passes showing value and duty, later disclosed the price by letter, and followed the procedure advised by departmental officers. On these facts, the lapse was treated as a technical, remediable procedural omission rather than a deliberate or mala fide default, so penal action was set aside. Case-Laws Central Excise Wed, 05 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=86578