https://www.taxtmi.com/caselaws?id=209120 The Appellate Tribunal allowed the appeal, setting aside the order imposing interest and penalty on the appellants for non-payment of duty under the Central Excise Rules, 2002. The Tribunal held that the interest calculation method was unauthorized, and the penalty under Rule 25 was unsustainable without evidence of an intention to evade duty. The matter was remanded for recalculation of interest within permissible limits and a reduction of the penalty to the maximum limit under Rule 27, emphasizing the necessity of justifications for penalty imposition. en-us Thu, 03 Mar 2011 00:00:00 +0530 Mon, 29 Jul 2013 18:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209120 The Appellate Tribunal allowed the appeal, setting aside the order imposing interest and penalty on the appellants for non-payment of duty under the Central Excise Rules, 2002. The Tribunal held that the interest calculation method was unauthorized, and the penalty under Rule 25 was unsustainable without evidence of an intention to evade duty. The matter was remanded for recalculation of interest within permissible limits and a reduction of the penalty to the maximum limit under Rule 27, emphasizing the necessity of justifications for penalty imposition. Case-Laws Central Excise Thu, 03 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209120