https://www.taxtmi.com/caselaws?id=170556 Admitted short-payment of central excise duty requires confirmation of the differential duty and appropriation of payments made during investigation; the demand and interest should not be dropped mechanically. Where assessments were finalised only for part of the disputed period, the remaining period requires examination. Revenue neutrality does not by itself rule out penalty when cost records showing higher assessable values raise a question of intent to evade. If duty is confirmed by invoking the extended limitation period, penalty under Section 11AC must be assessed on the same factual foundation. The duty, interest and penalty issues require fresh adjudication after hearing the assessee. en-us Tue, 24 Aug 2010 00:00:00 +0530 Tue, 02 Jun 2015 12:58:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170556 Admitted short-payment of central excise duty requires confirmation of the differential duty and appropriation of payments made during investigation; the demand and interest should not be dropped mechanically. Where assessments were finalised only for part of the disputed period, the remaining period requires examination. Revenue neutrality does not by itself rule out penalty when cost records showing higher assessable values raise a question of intent to evade. If duty is confirmed by invoking the extended limitation period, penalty under Section 11AC must be assessed on the same factual foundation. The duty, interest and penalty issues require fresh adjudication after hearing the assessee. Case-Laws Central Excise Tue, 24 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170556