https://www.taxtmi.com/caselaws?id=221513 Penalty equal to duty under Section 11AC was held unavailable because the facts did not establish suppression or wilful misstatement, so the equal penalty was deleted. The Section 11D demand was also unsustainable because that provision applies only when excess duty collected is retained and not paid to the Revenue, and the amounts had already been remitted under the applicable excise mechanism. Interest under Section 11AB was maintained for the relevant period, and the smaller penalty under Rule 173Q was upheld because the required particulars were not disclosed in the monthly return. en-us Tue, 01 Mar 2011 00:00:00 +0530 Fri, 15 Mar 2013 10:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221513 Penalty equal to duty under Section 11AC was held unavailable because the facts did not establish suppression or wilful misstatement, so the equal penalty was deleted. The Section 11D demand was also unsustainable because that provision applies only when excess duty collected is retained and not paid to the Revenue, and the amounts had already been remitted under the applicable excise mechanism. Interest under Section 11AB was maintained for the relevant period, and the smaller penalty under Rule 173Q was upheld because the required particulars were not disclosed in the monthly return. Case-Laws Central Excise Tue, 01 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221513