https://www.taxtmi.com/caselaws?id=235307 The Appellate Tribunal CESTAT NEW DELHI confirmed duty on zinc dross and ash for a specific period but set aside the penalty imposed on the appellant. The Tribunal considered that since all clearances were accurately reported in the returns, there was no suppression of facts warranting a penalty. Following a precedent where penalty was waived due to transparent clearances, the Tribunal upheld duty and interest liabilities while relieving the appellant of the penalty. The decision emphasizes the significance of transparent reporting to Revenue authorities to avoid penalties despite confirmed duty obligations. en-us Fri, 15 Feb 2013 00:00:00 +0530 Fri, 19 Jul 2013 08:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235307 The Appellate Tribunal CESTAT NEW DELHI confirmed duty on zinc dross and ash for a specific period but set aside the penalty imposed on the appellant. The Tribunal considered that since all clearances were accurately reported in the returns, there was no suppression of facts warranting a penalty. Following a precedent where penalty was waived due to transparent clearances, the Tribunal upheld duty and interest liabilities while relieving the appellant of the penalty. The decision emphasizes the significance of transparent reporting to Revenue authorities to avoid penalties despite confirmed duty obligations. Case-Laws Central Excise Fri, 15 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235307