https://www.taxtmi.com/caselaws?id=155482 The Tribunal found that penalty under Section 11AC and Rules 25 and 26 of the Central Excise Rules should not be imposed on the respondents as the initial short payment of duty was due to ignorance, not evasion. The Tribunal held that the respondents' timely rectification of the duty shortfall before the show cause notice absolved them from penalty liability. The Tribunal rejected the Revenue's appeal, upholding the lower authority's decision and finding no grounds for interference in the impugned order. en-us Mon, 31 Aug 2009 00:00:00 +0530 Wed, 04 Sep 2013 16:56:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=155482 The Tribunal found that penalty under Section 11AC and Rules 25 and 26 of the Central Excise Rules should not be imposed on the respondents as the initial short payment of duty was due to ignorance, not evasion. The Tribunal held that the respondents' timely rectification of the duty shortfall before the show cause notice absolved them from penalty liability. The Tribunal rejected the Revenue's appeal, upholding the lower authority's decision and finding no grounds for interference in the impugned order. Case-Laws Central Excise Mon, 31 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=155482