https://www.taxtmi.com/caselaws?id=125713 The Tribunal set aside the penalty imposed under Rule 25 of the Central Excise Rules, 2002, on the appellants, manufacturers of petroleum products, for inadvertently contravening Central Excise Law. Emphasizing the lack of intent to evade duty and the appellants' significant revenue contributions, the Tribunal ruled that no penalty was warranted as there was no deliberate violation with intent to evade duty. The appeal was allowed, highlighting the importance of intent and relevant factors in penalty imposition for Central Excise violations. en-us Thu, 11 Dec 2008 00:00:00 +0530 Thu, 03 Aug 2017 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=125713 The Tribunal set aside the penalty imposed under Rule 25 of the Central Excise Rules, 2002, on the appellants, manufacturers of petroleum products, for inadvertently contravening Central Excise Law. Emphasizing the lack of intent to evade duty and the appellants' significant revenue contributions, the Tribunal ruled that no penalty was warranted as there was no deliberate violation with intent to evade duty. The appeal was allowed, highlighting the importance of intent and relevant factors in penalty imposition for Central Excise violations. Case-Laws Central Excise Thu, 11 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=125713