https://www.taxtmi.com/caselaws?id=251815 The Tribunal dismissed the Revenue's appeal against the dropping of penalty and interest by the Commissioner (Appeals). It was held that as duty was promptly paid before the show cause notice, mandatory penalty was not applicable under Section 11AC of the Act due to the absence of fraudulent intent. Additionally, interest was not levied as duty payment was made within the same month of clearance, and the allegations of duty evasion were refuted based on evidence of negligible input shortages and lack of clandestine removal proof. en-us Mon, 10 Feb 2014 00:00:00 +0530 Mon, 29 Sep 2014 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251815 The Tribunal dismissed the Revenue's appeal against the dropping of penalty and interest by the Commissioner (Appeals). It was held that as duty was promptly paid before the show cause notice, mandatory penalty was not applicable under Section 11AC of the Act due to the absence of fraudulent intent. Additionally, interest was not levied as duty payment was made within the same month of clearance, and the allegations of duty evasion were refuted based on evidence of negligible input shortages and lack of clandestine removal proof. Case-Laws Central Excise Mon, 10 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251815