https://www.taxtmi.com/caselaws?id=325216 The Tribunal found in favor of the Appellants in a case concerning duty liability on free supplied goods and the imposition of penalties under Section 11AC. The Tribunal concluded that the penalty imposed was unjustified as the issue was under dispute and the Appellants had a genuine belief, supported by legal decisions, that duty was not payable on the goods supplied for free. Therefore, the Tribunal set aside the penalty imposition while upholding the duty liability, disposing of both appeals accordingly. en-us Wed, 09 Mar 2016 00:00:00 +0530 Wed, 05 Apr 2017 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325216 The Tribunal found in favor of the Appellants in a case concerning duty liability on free supplied goods and the imposition of penalties under Section 11AC. The Tribunal concluded that the penalty imposed was unjustified as the issue was under dispute and the Appellants had a genuine belief, supported by legal decisions, that duty was not payable on the goods supplied for free. Therefore, the Tribunal set aside the penalty imposition while upholding the duty liability, disposing of both appeals accordingly. Case-Laws Central Excise Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325216