https://www.taxtmi.com/caselaws?id=267967 The Member (Judicial) concluded that the penalty under section 11AC of the Central Excise Act was not applicable in the case. Despite the appellant exceeding the Small Scale Industry exemption limit, the investigation revealed no financial gain from the violation due to the availability of cenvat credit on inputs. The Member found that the charge of suppression was not sustainable, leading to setting aside the penalty equal to the duty. As a result, the appeal was allowed in favor of the appellant. en-us Thu, 07 May 2015 00:00:00 +0530 Thu, 09 Feb 2017 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=267967 The Member (Judicial) concluded that the penalty under section 11AC of the Central Excise Act was not applicable in the case. Despite the appellant exceeding the Small Scale Industry exemption limit, the investigation revealed no financial gain from the violation due to the availability of cenvat credit on inputs. The Member found that the charge of suppression was not sustainable, leading to setting aside the penalty equal to the duty. As a result, the appeal was allowed in favor of the appellant. Case-Laws Central Excise Thu, 07 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=267967