https://www.taxtmi.com/caselaws?id=117315 The case involved the liability to pay the applicable rate of duty on sugar supplied to the Government of India on a loan basis as levy sugar. The Commissioner found that the appellants had paid the duty promptly and there was no evidence of deliberate suppression to evade payment. The imposition of penalties and interest was deemed unwarranted. The Revenue's argument for a mandatory penalty was rejected by the Tribunal, citing a government circular and a previous ruling that no penalty was leviable when there was no revenue loss. Ultimately, the judgment favored the appellants, dismissing the imposition of penalties and interest. en-us Mon, 07 Nov 2005 00:00:00 +0530 Thu, 21 Jun 2012 17:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117315 The case involved the liability to pay the applicable rate of duty on sugar supplied to the Government of India on a loan basis as levy sugar. The Commissioner found that the appellants had paid the duty promptly and there was no evidence of deliberate suppression to evade payment. The imposition of penalties and interest was deemed unwarranted. The Revenue's argument for a mandatory penalty was rejected by the Tribunal, citing a government circular and a previous ruling that no penalty was leviable when there was no revenue loss. Ultimately, the judgment favored the appellants, dismissing the imposition of penalties and interest. Case-Laws Central Excise Mon, 07 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117315