https://www.taxtmi.com/caselaws?id=241726 The Tribunal set aside the order imposing a penalty under Section 11AC of the Central Excise Act, ruling in favor of the appellant. The decision was based on the appellant's cooperation, prompt payment of duty, and lack of evidence showing an intention to evade duty. The Tribunal emphasized that penalties under Section 11AC require specific means of evasion, which were not present in this case due to the appellant's transparent conduct and assistance to the Revenue authorities. en-us Thu, 28 Apr 2011 00:00:00 +0530 Fri, 01 Nov 2013 15:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241726 The Tribunal set aside the order imposing a penalty under Section 11AC of the Central Excise Act, ruling in favor of the appellant. The decision was based on the appellant's cooperation, prompt payment of duty, and lack of evidence showing an intention to evade duty. The Tribunal emphasized that penalties under Section 11AC require specific means of evasion, which were not present in this case due to the appellant's transparent conduct and assistance to the Revenue authorities. Case-Laws Central Excise Thu, 28 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241726