https://www.taxtmi.com/caselaws?id=167526 The Tribunal allowed the appeal, setting aside the penalty and duty demand imposed on the appellants for alleged wrongful availing of exemptions and illicit manufacturing. The decision was based on the appellants' good faith actions, disclosure of material facts, and the time-barred nature of the duty demand. The Tribunal noted the confusion among Central Excise officers regarding the excisability of goods and concluded that there was no justification for imposing a penalty due to the absence of fraud or suppression of facts. en-us Fri, 26 Jul 1985 00:00:00 +0530 Tue, 23 Dec 2014 12:30:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167526 The Tribunal allowed the appeal, setting aside the penalty and duty demand imposed on the appellants for alleged wrongful availing of exemptions and illicit manufacturing. The decision was based on the appellants' good faith actions, disclosure of material facts, and the time-barred nature of the duty demand. The Tribunal noted the confusion among Central Excise officers regarding the excisability of goods and concluded that there was no justification for imposing a penalty due to the absence of fraud or suppression of facts. Case-Laws Central Excise Fri, 26 Jul 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167526