https://www.taxtmi.com/caselaws?id=120949 The Tribunal allowed the appeal, setting aside the penalty under Section 11AC as the demand was not sustained by the Commissioner (Appeals). The decision highlighted that the provision of Section 11AC imposes penalties when duty is not paid due to fraud or misstatement, which was not applicable in this case. Therefore, based on the Commissioner's decision regarding demand sustainability, the penalty imposition was deemed unwarranted. en-us Thu, 08 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 15:41:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120949 The Tribunal allowed the appeal, setting aside the penalty under Section 11AC as the demand was not sustained by the Commissioner (Appeals). The decision highlighted that the provision of Section 11AC imposes penalties when duty is not paid due to fraud or misstatement, which was not applicable in this case. Therefore, based on the Commissioner's decision regarding demand sustainability, the penalty imposition was deemed unwarranted. Case-Laws Central Excise Thu, 08 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120949