https://www.taxtmi.com/caselaws?id=267651 The Tribunal set aside the penalty imposed under Section 11AC for delayed payment of Central Excise duty, ruling in favor of the appellant. The appellant's voluntary payment of duty before any notice was served, as per Section 11A(2B), was deemed compliant. The Tribunal distinguished the case from precedents, noting the absence of malafide intent or suppression. The delay in payment was rectified promptly, leading to the conclusion that no penalty should have been imposed under Section 11AC. en-us Wed, 03 Jun 2015 00:00:00 +0530 Mon, 15 Feb 2016 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267651 The Tribunal set aside the penalty imposed under Section 11AC for delayed payment of Central Excise duty, ruling in favor of the appellant. The appellant's voluntary payment of duty before any notice was served, as per Section 11A(2B), was deemed compliant. The Tribunal distinguished the case from precedents, noting the absence of malafide intent or suppression. The delay in payment was rectified promptly, leading to the conclusion that no penalty should have been imposed under Section 11AC. Case-Laws Central Excise Wed, 03 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267651