https://www.taxtmi.com/caselaws?id=267786 The Tribunal upheld the Commissioner (Appeals)'s decision to drop the penalty imposed under Section 11AC of the Central Excise Act, 1944 on the respondent. The penalty was set aside due to the uncontested loss suffered by the appellant from a natural disaster, the lack of evidence of clandestine removal, and the absence of fraudulent intent. The decision emphasized fairness in excise duty enforcement, considering the impact of natural disasters on businesses and the need for equitable treatment in penalty imposition. en-us Tue, 02 Jun 2015 00:00:00 +0530 Mon, 22 Feb 2016 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267786 The Tribunal upheld the Commissioner (Appeals)'s decision to drop the penalty imposed under Section 11AC of the Central Excise Act, 1944 on the respondent. The penalty was set aside due to the uncontested loss suffered by the appellant from a natural disaster, the lack of evidence of clandestine removal, and the absence of fraudulent intent. The decision emphasized fairness in excise duty enforcement, considering the impact of natural disasters on businesses and the need for equitable treatment in penalty imposition. Case-Laws Central Excise Tue, 02 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267786