https://www.taxtmi.com/caselaws?id=246580 The Tribunal found that the appellant, a manufacturing company, inadvertently underpaid duty on imported raw materials due to a technical issue, resulting in a shortfall of Rs.25,795. Despite the error, the appellant promptly rectified the situation by paying the due amount with interest. The Tribunal acknowledged the lack of intent to evade duty and waived the penalty, emphasizing the company's cooperation and corrective actions. This case highlights the significance of addressing mistakes promptly, cooperating with authorities, and taking corrective measures to mitigate penalties for unintentional non-compliance. en-us Fri, 31 Aug 2012 00:00:00 +0530 Sun, 20 Apr 2014 16:32:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246580 The Tribunal found that the appellant, a manufacturing company, inadvertently underpaid duty on imported raw materials due to a technical issue, resulting in a shortfall of Rs.25,795. Despite the error, the appellant promptly rectified the situation by paying the due amount with interest. The Tribunal acknowledged the lack of intent to evade duty and waived the penalty, emphasizing the company's cooperation and corrective actions. This case highlights the significance of addressing mistakes promptly, cooperating with authorities, and taking corrective measures to mitigate penalties for unintentional non-compliance. Case-Laws Central Excise Fri, 31 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246580