https://www.taxtmi.com/caselaws?id=106961 Penalty under Section 11AC was sustained where the assessee had accepted the notification conditions requiring it to bear the duty burden on clearances from the job worker's premises, and duty was not paid in full at clearance. The plea of bona fide mistake was rejected because the conditions under Notification No. 214/86 were clear and had been acknowledged. However, the penalty quantum was moderated on the facts, as the number of clearances was limited and the unpaid duty component was small. The result was affirmation of penalty liability with reduction of the amount. en-us Tue, 01 Oct 2002 00:00:00 +0530 Fri, 16 Mar 2012 17:13:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106961 Penalty under Section 11AC was sustained where the assessee had accepted the notification conditions requiring it to bear the duty burden on clearances from the job worker's premises, and duty was not paid in full at clearance. The plea of bona fide mistake was rejected because the conditions under Notification No. 214/86 were clear and had been acknowledged. However, the penalty quantum was moderated on the facts, as the number of clearances was limited and the unpaid duty component was small. The result was affirmation of penalty liability with reduction of the amount. Case-Laws Central Excise Tue, 01 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106961