https://www.taxtmi.com/caselaws?id=212180 The Supreme Court remanded a case involving manufacturers of motor vehicles and parts for fresh consideration regarding interest and penalty under Sections 11AB and 11AC of the Central Excise Act, 1944. The Tribunal found that the absence of packing charges in the initial invoice did not indicate an intention to evade duty, as the charges were to be determined post-supply and were reimbursed by the Vehicle Factory. Consequently, the Tribunal upheld interest liability but set aside the penalty, emphasizing the importance of meeting statutory requirements for penalty imposition under Section 11AC. en-us Thu, 26 May 2011 00:00:00 +0530 Thu, 12 Apr 2012 17:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212180 The Supreme Court remanded a case involving manufacturers of motor vehicles and parts for fresh consideration regarding interest and penalty under Sections 11AB and 11AC of the Central Excise Act, 1944. The Tribunal found that the absence of packing charges in the initial invoice did not indicate an intention to evade duty, as the charges were to be determined post-supply and were reimbursed by the Vehicle Factory. Consequently, the Tribunal upheld interest liability but set aside the penalty, emphasizing the importance of meeting statutory requirements for penalty imposition under Section 11AC. Case-Laws Central Excise Thu, 26 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212180