https://www.taxtmi.com/caselaws?id=210930 The Supreme Court held that penalty and interest can be levied even if duty was paid before the issuance of a Show Cause Notice under the Central Excise Act, 1944. The Court overturned the Tribunal's decision in favor of the assessee, emphasizing a different legal interpretation from a prior case. The matter was remitted back to the Tribunal for reconsideration in light of this new perspective, directing a fresh evaluation based on the updated legal position. The appeal was disposed of with these instructions, and no costs were awarded. en-us Wed, 22 Feb 2012 00:00:00 +0530 Tue, 07 May 2019 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210930 The Supreme Court held that penalty and interest can be levied even if duty was paid before the issuance of a Show Cause Notice under the Central Excise Act, 1944. The Court overturned the Tribunal's decision in favor of the assessee, emphasizing a different legal interpretation from a prior case. The matter was remitted back to the Tribunal for reconsideration in light of this new perspective, directing a fresh evaluation based on the updated legal position. The appeal was disposed of with these instructions, and no costs were awarded. Case-Laws Central Excise Wed, 22 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210930