https://www.taxtmi.com/caselaws?id=209979 The Tribunal confirmed the demand of duty and interest against the appellant for a discrepancy in soap noodles costing but set aside the penalty under Section 11AC of the Act. The Tribunal found that the duty paid was utilized as modvat credit by the appellant's sister unit, ensuring revenue neutrality and no intent to evade duty. Penalties were deemed unjustified based on precedents, leading to the penalty proceedings being dropped. en-us Fri, 01 Jul 2011 00:00:00 +0530 Sat, 06 Jul 2013 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209979 The Tribunal confirmed the demand of duty and interest against the appellant for a discrepancy in soap noodles costing but set aside the penalty under Section 11AC of the Act. The Tribunal found that the duty paid was utilized as modvat credit by the appellant's sister unit, ensuring revenue neutrality and no intent to evade duty. Penalties were deemed unjustified based on precedents, leading to the penalty proceedings being dropped. Case-Laws Central Excise Fri, 01 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209979