https://www.taxtmi.com/caselaws?id=153596 The Tribunal allowed the appeal against the Commissioner (Appeals)'s order imposing a penalty under Section 11AC for incorrect valuation, resulting in a duty demand. The Tribunal noted the absence of intention to evade duty, as the duty paid was available as credit to the recipient unit within the same company. The penalty was deemed unjustified, and the appeal was allowed with consequential relief in accordance with the law. en-us Fri, 15 Jan 2010 00:00:00 +0530 Sat, 23 Jun 2018 08:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=153596 The Tribunal allowed the appeal against the Commissioner (Appeals)'s order imposing a penalty under Section 11AC for incorrect valuation, resulting in a duty demand. The Tribunal noted the absence of intention to evade duty, as the duty paid was available as credit to the recipient unit within the same company. The penalty was deemed unjustified, and the appeal was allowed with consequential relief in accordance with the law. Case-Laws Central Excise Fri, 15 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=153596