https://www.taxtmi.com/caselaws?id=217277 Interest under Section 11AB and penalty under Section 11AC of the Central Excise Act required allegations and supporting material establishing fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty. A show-cause notice alleging only wrong classification and misstatement did not satisfy these statutory preconditions. Interest and penalty therefore could not be imposed on that basis, and the refusal to levy them was sustained because no substantial question of law arose. en-us Wed, 15 Feb 2012 00:00:00 +0530 Mon, 18 Mar 2013 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217277 Interest under Section 11AB and penalty under Section 11AC of the Central Excise Act required allegations and supporting material establishing fraud, collusion, wilful misstatement, suppression of facts, or contravention with intent to evade duty. A show-cause notice alleging only wrong classification and misstatement did not satisfy these statutory preconditions. Interest and penalty therefore could not be imposed on that basis, and the refusal to levy them was sustained because no substantial question of law arose. Case-Laws Central Excise Wed, 15 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217277