https://www.taxtmi.com/caselaws?id=270899 The Tribunal set aside the demand show-cause notice against the appellant for the reversal of CENVAT Credit and short levy of duty. It ruled that there was no intention to evade duty as errors were inadvertent, and the appellant rectified the situation by paying the differential duty and interest voluntarily before the notice. The Tribunal emphasized the absence of suppression or mis-declaration, leading to the setting aside of the penalty under Section 11AC of the Central Excise Act. The appeal was allowed based on the lack of intention to evade duty in a revenue-neutral scenario. en-us Thu, 07 Jan 2016 00:00:00 +0530 Sat, 01 Oct 2016 15:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=270899 The Tribunal set aside the demand show-cause notice against the appellant for the reversal of CENVAT Credit and short levy of duty. It ruled that there was no intention to evade duty as errors were inadvertent, and the appellant rectified the situation by paying the differential duty and interest voluntarily before the notice. The Tribunal emphasized the absence of suppression or mis-declaration, leading to the setting aside of the penalty under Section 11AC of the Central Excise Act. The appeal was allowed based on the lack of intention to evade duty in a revenue-neutral scenario. Case-Laws Central Excise Thu, 07 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=270899