https://www.taxtmi.com/caselaws?id=115537 Suppression of material facts, including non-registration and clearance of motor vehicle bodies without duty payment, was treated as sufficient to satisfy the precondition for penalty under Section 11AC of the Central Excise Act. The assessee did not dispute the duty demand, and the facts recorded in the show cause notice were taken as establishing concealment from the Revenue. Penalty was therefore considered imposable, although the surrounding circumstances were treated as relevant for moderation of the penalty amount. The penalty was reduced to a lower quantum. en-us Fri, 06 May 2005 00:00:00 +0530 Wed, 30 May 2012 17:33:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=115537 Suppression of material facts, including non-registration and clearance of motor vehicle bodies without duty payment, was treated as sufficient to satisfy the precondition for penalty under Section 11AC of the Central Excise Act. The assessee did not dispute the duty demand, and the facts recorded in the show cause notice were taken as establishing concealment from the Revenue. Penalty was therefore considered imposable, although the surrounding circumstances were treated as relevant for moderation of the penalty amount. The penalty was reduced to a lower quantum. Case-Laws Central Excise Fri, 06 May 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=115537