https://www.taxtmi.com/caselaws?id=120615 The Hon'ble Punjab & Haryana High Court remanded a case concerning the imposition of penalty under Sec. 11AC when duty was paid before a show cause notice. Despite conflicting decisions, the Tribunal, following the Bombay High Court's ruling, upheld that no penalty under Sec. 11AC is warranted when duty is paid prior to the notice, ultimately setting aside the penalty on the respondents. The judgment emphasized the importance of adhering to decisions of the relevant High Court for consistent application of legal principles. en-us Wed, 17 Jan 2007 00:00:00 +0530 Mon, 23 Jul 2012 10:27:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120615 The Hon'ble Punjab & Haryana High Court remanded a case concerning the imposition of penalty under Sec. 11AC when duty was paid before a show cause notice. Despite conflicting decisions, the Tribunal, following the Bombay High Court's ruling, upheld that no penalty under Sec. 11AC is warranted when duty is paid prior to the notice, ultimately setting aside the penalty on the respondents. The judgment emphasized the importance of adhering to decisions of the relevant High Court for consistent application of legal principles. Case-Laws Central Excise Wed, 17 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120615