https://www.taxtmi.com/caselaws?id=91102 The Appellate Tribunal CEGAT, Mumbai ruled in favor of the appellant, a manufacturer of rolls for rolling mills, in a case involving the classification of goods under Heading 84.55 of the tariff at 12% ad valorem. The Tribunal set aside the penalty imposed on the appellant for duty payment discrepancy, emphasizing the lack of evidence of fraudulent intent or deliberate misstatement. The judgment focused on the appellant's claim of being misled by newspaper reports, interpretation of documents, and justification for penalty imposition, ultimately concluding that the appellant's actions did not warrant penalty under Section 11A. en-us Wed, 17 Sep 1997 00:00:00 +0530 Thu, 13 Oct 2011 17:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=91102 The Appellate Tribunal CEGAT, Mumbai ruled in favor of the appellant, a manufacturer of rolls for rolling mills, in a case involving the classification of goods under Heading 84.55 of the tariff at 12% ad valorem. The Tribunal set aside the penalty imposed on the appellant for duty payment discrepancy, emphasizing the lack of evidence of fraudulent intent or deliberate misstatement. The judgment focused on the appellant's claim of being misled by newspaper reports, interpretation of documents, and justification for penalty imposition, ultimately concluding that the appellant's actions did not warrant penalty under Section 11A. Case-Laws Central Excise Wed, 17 Sep 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=91102