https://www.taxtmi.com/caselaws?id=203037 The appellants were engaged in manufacturing man-made processed knitted fabrics and claimed concessional duty under Notification No. 14/2002-C.E. The issue centered on their eligibility for this rate. The Tribunal emphasized the necessity of actual duty payment to avail benefits under the notification. Relying on Explanation II of the Notification and precedents, it clarified that duty payment on textile fabrics was essential. The Tribunal upheld the challenge to penalty imposition, citing the interpretative nature of the issue. Consequently, the penalty was set aside, and the appeals were disposed of accordingly. en-us Wed, 11 Aug 2010 00:00:00 +0530 Thu, 17 Feb 2011 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203037 The appellants were engaged in manufacturing man-made processed knitted fabrics and claimed concessional duty under Notification No. 14/2002-C.E. The issue centered on their eligibility for this rate. The Tribunal emphasized the necessity of actual duty payment to avail benefits under the notification. Relying on Explanation II of the Notification and precedents, it clarified that duty payment on textile fabrics was essential. The Tribunal upheld the challenge to penalty imposition, citing the interpretative nature of the issue. Consequently, the penalty was set aside, and the appeals were disposed of accordingly. Case-Laws Central Excise Wed, 11 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203037