https://www.taxtmi.com/caselaws?id=123674 The Tribunal allowed the Revenue's appeal, directing the Adjudicating Authority to reassess the penalty imposition issue, emphasizing the importance of the costing system in determining penalties under Section 11A of the Central Excises Act, 1944. The Tribunal highlighted the penal nature of penalties under Section 11AC, applicable in cases of deliberate evasion, and clarified the conditions for penalty imposition under Explanation (1) to sub-section (2B) of Section 11A. Both parties were granted a fair opportunity to present their arguments, with the decision focusing on the need for a reevaluation of penalty imposition in accordance with the law. en-us Tue, 29 Apr 2008 00:00:00 +0530 Wed, 19 Sep 2012 11:08:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123674 The Tribunal allowed the Revenue's appeal, directing the Adjudicating Authority to reassess the penalty imposition issue, emphasizing the importance of the costing system in determining penalties under Section 11A of the Central Excises Act, 1944. The Tribunal highlighted the penal nature of penalties under Section 11AC, applicable in cases of deliberate evasion, and clarified the conditions for penalty imposition under Explanation (1) to sub-section (2B) of Section 11A. Both parties were granted a fair opportunity to present their arguments, with the decision focusing on the need for a reevaluation of penalty imposition in accordance with the law. Case-Laws Central Excise Tue, 29 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123674