https://www.taxtmi.com/caselaws?id=152539 The Tribunal allowed the appeals by the appellant company and their Finance Manager, dismissing the penalties imposed under Section 11AC. The Tribunal found that the duty payment was made within the prescribed timeframe as per Rule 8 of the Central Excise Rules, indicating no intention to evade duty. As there were no allegations of clandestine removal and the duty payment was timely, the penalties under Section 11AC were deemed inapplicable. en-us Thu, 31 Dec 2009 00:00:00 +0530 Sat, 06 Jul 2013 14:09:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152539 The Tribunal allowed the appeals by the appellant company and their Finance Manager, dismissing the penalties imposed under Section 11AC. The Tribunal found that the duty payment was made within the prescribed timeframe as per Rule 8 of the Central Excise Rules, indicating no intention to evade duty. As there were no allegations of clandestine removal and the duty payment was timely, the penalties under Section 11AC were deemed inapplicable. Case-Laws Central Excise Thu, 31 Dec 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152539