https://www.taxtmi.com/caselaws?id=120958 The penalty and interest under sections 11AC and 11AB were found not imposable when duty was paid before the show cause notice, as per the Tribunal's decision in Rashtriya Ispat Nigam, upheld by the Supreme Court. The Commissioner (Appeals) set aside the penalty and interest based on this precedent, noting the duty payment was prompt and not indicative of clandestine removal. The appellant's argument that the duty payment was minimal and preemptive to avoid disputes was accepted, leading to the rejection of the Revenue's appeal. en-us Wed, 07 Feb 2007 00:00:00 +0530 Wed, 25 Jul 2012 16:03:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120958 The penalty and interest under sections 11AC and 11AB were found not imposable when duty was paid before the show cause notice, as per the Tribunal's decision in Rashtriya Ispat Nigam, upheld by the Supreme Court. The Commissioner (Appeals) set aside the penalty and interest based on this precedent, noting the duty payment was prompt and not indicative of clandestine removal. The appellant's argument that the duty payment was minimal and preemptive to avoid disputes was accepted, leading to the rejection of the Revenue's appeal. Case-Laws Central Excise Wed, 07 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120958