Penalty u/s 11AC Mandatory for Duty Evasion, Even if Paid Post-Notice; Ignorance Not a Defense.

Penalty u/s 11AC Mandatory for Duty Evasion, Even if Paid Post-Notice; Ignorance Not a Defense. https://www.taxtmi.com/highlights?id=22201 Evasion of duty - Ignorance of law - Imposition of penalty u/s 11AC - Taking note of the specific provision of Section 11AC where there is a specific mandate that the assessee shall be liable to pay penalty, the mere payment of duty even after the show cause notice is not a ground to waive penalty - HC en-us Mon, 23 Mar 2015 10:34:22 +0530 Mon, 23 Mar 2015 10:34:22 +0530 TaxTMI RSS Generator Penalty u/s 11AC Mandatory for Duty Evasion, Even if Paid Post-Notice; Ignorance Not a Defense. https://www.taxtmi.com/highlights?id=22201 Evasion of duty - Ignorance of law - Imposition of penalty u/s 11AC - Taking note of the specific provision of Section 11AC where there is a specific mandate that the assessee shall be liable to pay penalty, the mere payment of duty even after the show cause notice is not a ground to waive penalty - HC Highlights Central Excise Mon, 23 Mar 2015 10:34:22 +0530 https://www.taxtmi.com/highlights?id=22201