https://www.taxtmi.com/caselaws?id=234588 The High Court upheld the Tribunal's decision to delete the penalty imposed under Section 11AC of the Central Excise Act. The Court found that as the show cause notice did not contain allegations of suppression of facts, misdeclaration, fraud, or collusion, the penalty could not be imposed. The Tribunal's ruling was deemed appropriate as it was based on the absence of these crucial factors necessary for penalty imposition, resulting in the dismissal of the Tax Appeal filed by the Revenue. en-us Thu, 21 Apr 2011 00:00:00 +0530 Tue, 18 Jun 2013 16:53:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234588 The High Court upheld the Tribunal's decision to delete the penalty imposed under Section 11AC of the Central Excise Act. The Court found that as the show cause notice did not contain allegations of suppression of facts, misdeclaration, fraud, or collusion, the penalty could not be imposed. The Tribunal's ruling was deemed appropriate as it was based on the absence of these crucial factors necessary for penalty imposition, resulting in the dismissal of the Tax Appeal filed by the Revenue. Case-Laws Central Excise Thu, 21 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234588